Federal budget deficit widens by $109 billion despite tariff revenue influx
Hoover Institution senior fellow Victor Davis Hanson discusses the mounting pressure on the Federal Reserve to cut interest rates in September on ‘Kudlow.’ The U.S. federal government’s annual budget deficit has widened by $109 billion so far this fiscal year despite an influx of tariff revenue to the government’s coffers. The nonpartisan Congressional Budget Office (CBO) … Read more