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 ...

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

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

The 1.2% increase in real wages since Trump took office has translated to a 7% increase in total individual income and ...

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

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

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

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

The U.S. government records a surplus of just over $27 billion in June, driven in large part by a significant increase in ...