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In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...
The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout the year, ...
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.
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff receipts.
President Donald Trump said he’s considering a tariff “rebate” for some Americans. If authorized, it’s unclear whether it ...
The department’s monthly report, released Friday, showed that the federal government collected $526 billion in revenue and posted $499 billion in outlets, resulting in a $27 billion surplus.
The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...
Tariff income won’t come close to balancing the federal fisc.
Back in March, we expected that Trump’s Tariff Turmoil (TTT) would become less tumultuous by the end of the summer. We ...