Tariff income won’t come close to balancing the federal fisc.

The U.S. surplus amounted to a little more than $27 billion, a stark contrast to the $316 billion deficit in May. This ...

In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, ...

National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News ...

House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with ...

Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the ...

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

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

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

The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the ...

Tensions between the United States and Brazil have suddenly burst open. Brazil’s president promised to reciprocate against ...

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 ...