BREAKING: The US Treasury posted a $120 billion deficit in June, a sharp deterioration from a $27 billion surplus in June 2025.
This comes as government receipts dropped -$31 billion YoY, to $496 billion.
The decline was largely driven by a surge in tariff refund payments after the Supreme Court ruled the tariff increases illegal, resulting in a -$26 billion net decline in customs duty receipts.
At the same time, outlays surged +$117 billion YoY, to $616 billion.
In the first 9 months of FY2026, the US deficit rose +$29 billion YoY, to $1.37 trillion, the 3rd-highest deficit at this point in the fiscal year in history.
Over the same period, net interest expense rose +$78 billion YoY, to $827 billion, on track for the highest annual net interest expense on record.
The US deficit crisis is accelerating.
Trump has a massive exposure to oil and energy stocks in his portfolio. So it makes sense why the war with Iran is ongoing. In addition, he has a massive exposure to defense companies. His sons also own a drone company that will print money if war happens. The man and his family are literally profiting millions off the war with Iran. My god.
For those who like trading micro caps, $KOSS has now turned the 1W HMA bullish, while reclaiming the multi year support levels at $4.
200DMA sits at $4.40 now, a moving average which kept pressure on the stock for a year now.
Now that we’re on the apex of this triangle, if we see stock breaking $4.5, I think it has good chances having a mini squeeze from there.
I am officially nominating Donald J. Trump (@realDonaldTrump) for the Nobel Peace Prize.
No President in History has ended the same war so many times.
Our Dear Leader has ended the war with Iran at least 38 times by CNN’s count.
No President has ever done this before.
And he is nowhere near finished ending it.
It’s a record worthy of the Nobel committee’s recognition. Thank you for your attention to this matter!
Are you paying attention? We tried to warn you:
- President Trump TOOK IN $2 billion in earnings from crypto royalties.
OVER THE SAME PERIOD
- Investors LOST $2 billion.
Arrest the President.
Arrest the President’s sons.