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.

President Donald Trump said he’s considering a tariff “rebate” for some Americans. If authorized, it’s unclear whether it ...

Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...

The data shows that tariff revenues are starting to build into a significant revenue contributor ahead of an August 1 ...

Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...

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 ...

Pressed by Karl about Trump’s recent criticism of Federal Reserve Chair Jerome Powell, Hassett echoed the White House’s ...

Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the Department of the Treasury. The department’s monthly report, released ...

The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury ...