Jul. 25 at 7:07 PM
$JNUG $GLD $SLV $B $GDX
Chart 6: US govt still running
$2 TN deficit, paying
$1 TN in interest per annum (If Warsh raised, adding an additional ~
$100 billion to the interest on debt yrly w/only a 0.25% hike)
US government revenues and spending for FY 2026
Total Revenue:
$5.6 trillion
Individual income taxes
$2.8 trillion (➡️making up 50% of rev.)
Payroll taxes
$1.8 trillion
➡️Tariffs
$0.4 trillion (rev. paid by U.S. importers (businesses), not by foreign govts)
➡️Corporate income taxes
$0.4 trillion (➡️making up only 7.1% of rev.)
Other revenues
$0.2 trillion
➡️DEFICIT @
$1.9TN
Mandatory spending
$4.5TN & Discretionary
$1.9TN
Medicare & Health @
$1.9TN (taking up 25.3%)
Social Security @
$1.6TN (taking up 21.3%)
Veterans & Federal retirement @
$0.4TN
Income security @
$0.4TN
Other @
$0.2TN
Nondefense @
$1.0TN
Veterans Federal retirement
$0.4TN
Income Security @
$0.4TN
➡️Defense @
$0.9TN (➡️asking for 67% MOAR FUNDING)
➡️Interest payments @
$1.0TN (taking up 13.3%)