US July budget deficit

  • Deficit was $42.9 billion in July 2017

  • Estimates ranged from $75B to $95B

  • Year to date deficit at $684B vs $566B last year at this time

  • Outlays $302B vs $275B in July 2017

  • Receipts $225B vs $232B in July 2017

The trend is certainly not ideal but people have been fretting about developed market deficits and debt for a long time.