First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/07/12/the-federal-government-is-spending-us-into-oblivion-003315
<p><img src='https://www.moneymetals.com/uploads/content/The-Federal-Government-Is-Spending-Us-Into-Oblivion.jpg'/></p>The June budget deficit was &quot;only&quot; $66 billion. This looks like a big improvement, but it wasn&#039;t. Even more concerning is the rising interest payments on the accumulating debt.