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Federal Revenues Crumbling, Spending Exploding — The Deficit Math Doesn’t Work

The federal government’s finances are deteriorating faster than official forecasts acknowledge, and the bond market’s ability to absorb the consequences is approaching its limit. Meanwhile the BLS payrolls data paints a picture that is not only misleading, but false, hiding the dangers that lie directly ahead. Legacy subscribers (pre-April 2026), click here to download the report.

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Subscribers Download Here: Federal Budget and Tax Receipts- Real Time and April 2026

The full 7 page report, with clear illustrative charts, explains the facts behind the numbers that matter and the fallacies behind the ones that don’t. Real numbers, real-time proprietary charts and tables. Backed by 57 years of independent analysis. 

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Posted in 1 Macroliquidity™, Fed, Central Bank and Banking Macro Liquidity