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 ...

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 ...

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

The federal government ran a surprise budget surplus in June. However, calendar effects papered over the continued spending ...

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 ...

Trump hoped his tariffs on Brazil would help Bolsonaro avoid accountability for his illegal attempt to stay in power in 2023.