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In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...
Tariff income won’t come close to balancing the federal fisc.
The U.S. reported a $27B June surplus thanks to rising tariff revenue, yet the overall fiscal deficit remains over $1.3 trillion with months left in 2025.
The federal government had a $27 billion surplus in June, an unexpected finding at this point in the fiscal year.
The 1.2% increase in real wages since Trump took office has translated to a 7% increase in total individual income and payroll tax revenue compared to the year prior. Customs duties collections are up ...
Despite presidential authority, U.S. Sen. Patty Murray, D-Wash., called on Republicans on Wednesday to block the Trump ...
Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...
Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s ...
The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury ...
In less than six months, hundreds of lawsuits have been filed opposing the policies of the second Trump administration – many ...
Inflation ticked up to its highest level in months in June amid concerns about President Donald Trump ’s threats surrounding ...
President Trump on Thursday threatened to impose 35% tariffs on goods from Canada starting next month, hiking import duties ...