BREAKING: US budget report for August shows YTD interest expense is now at a record $808 BILLION.
— The Kobeissi Letter (@KobeissiLetter) September 13, 2023
For the first 11 months of fiscal year 2023, the total US budget deficit was $1.5 trillion.
This is up $600 billion compared to last year, a massive 61% increase.
The worst part?… pic.twitter.com/FKBFQ0NKfW
Interesting business stuff as the IPO and merger world evolves in a brave new world
https://www.semafor.com/newsletter/09/08/2026/semafor-business-the-taxman-cometh?utm_source=headernewsletterlink&utm...