News

The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...
Tariff income won’t come close to balancing the federal fisc.
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 tariff receipts gave an extra bump to a sharp increase in receipts, the ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
Trump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023.
House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with ...
Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a rare budget surplus for June 2025. The federal government reported a $27 ...
Donald Trump has proposed 15%-20% blanket levies on most nations amid an unexpected budget surplus in June, because of tariff ...
The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the ...
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 ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...