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 ...

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 ...

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 President Trump's tariff policies and the "Big, Beautiful Bill" that will become ...

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

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 ...

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

Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...

President Trump has long celebrated William McKinley's tariff policies. See how those policies affected everyday Americans in ...