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Title: Debt jumps $366B in one day.
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URL Source: https://citizenwatchreport.com/debt ... ides-failed-to-stop-the-clock/
Published: Jul 10, 2025
Author: Horse
Post Date: 2025-07-10 11:18:26 by Horse
Keywords: None
Views: 56
Comments: 1
Treasury says $300B in tariffs incoming. Markets now expect $46T debt by 2028. Both sides failed to stop the clock. The fiscal alarm bells aren’t hypothetical anymore. Financial markets are now operating under a base case scenario that expects the United States to add another $10 trillion in debt by 2028. That would put total federal debt at $46 trillion, up 100% from 2020. On July 9, the debt increased $366 billion in a single trading day. These numbers are no longer distant forecasts. They’re today’s math. Treasury Secretary Scott Bessent confirmed this week that tariff revenue is surging under the Trump administration’s trade regime. The government expects to collect over $300 billion this year, driven by the blanket 10% import duty and targeted rates on key sectors including steel, semiconductors, pharmaceuticals, copper, and automotive components. Total receipts have already exceeded $100 billion midyear, with monthly collections more than tripling since the same period last year. While the revenue growth is undeniable, the spending side of the equation remains untouched. There is no indication of cuts to federal outlays, which continue expanding across entitlement programs and discretionary categories. Multiple analysts have pointed out that the problem is not a lack of revenue, it is the scale and persistence of government spending. See also CMBS Office Serious Delinquencies At 10.59% As US Treasury Yield Curve Steepens While trade receipts are climbing, spending continues unchecked. Both Republican and Democratic administrations have passed multi-trillion dollar packages with minimal offsets. Structural deficits remain embedded in the budget framework. Discretionary spending growth has slowed, but mandatory outlays and interest costs are accelerating. The Congressional Budget Office expects interest payments to exceed $1.2 trillion annually by 2026, surpassing defense and Medicare expenditures. Wall Street is adjusting its posture. Traders are pricing in higher yields and broader credit risk. U.S. debt credit default swaps widened for a fourth straight week. Ratings reviews from Fitch and Moody’s are underway and expected to conclude in Q3. The 10-year Treasury yield crossed 4.9% on Tuesday before pulling back to 4.86%. Analysts at Citadel flagged growing hedging activity around sovereign debt exposure, suggesting that institutions no longer treat the U.S. credit trajectory as stable. See also Canada just slapped a 3% tax on U.S. tech giants, retroactive to 2022. First payment due now. Trump ends trade talks. Tariffs incoming. In the background, consumer and business sentiment are flashing concern. Inflation expectations remain anchored below 3%, but recession indicators are stacking. Retail spending from major events like Amazon Prime Day is down between 10% and 15% compared to last year, and household confidence surveys continue to point toward caution. No changes are proposed to reverse course on debt trajectory. The forecast remains locked on expansion. And something will have to give. Sources https://www.fxstreet.com/news/us-treasury-sec-bessent-says-us-tariff- revenue-could-reach-300-billion-this-year-202507090051 https://markets.businessinsider.com/news/bonds/us-debt-costs-interest- rates-economy-record-2025-goldman-sachs-2023-10 https://www.aol.com/news/us-could-collect-300-billion-233511532.html https://www.newsweek.com/big-beautiful-bill-national-debt-cato- institute-2094439 https://www.ft.com/content/e7b08c18-4acb-4b45-bd93-61b57246b710 https://x.com/RealEJAntoni/status/1942737581642297628 Poster Comment: https://x.com/johnnyxbrown/status/1942550363267084 Johnny Brown @johnnyxbrown High blood pressure kills more people than all cancers combined. The biggest drivers aren’t genetics. They’re your habits:(Short spurts of exercise a few minutes at a time seems best) • Sitting all day • Chronic stress • Insulin resistance • Alcohol and smoking • Magnesium deficiency • Processed, high-carb foods (DR Horse, Nattokinase reduces blood clots, dissolves spike proteins and reduces blood shear factor. Eating sugar raises blood shear factor one heck of a lot.) 
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