But tariffs aside, the CBO said there was another major reason that there was a June surplus instead of a deficit: the ...

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 ...

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

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

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

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 ...

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 ...

America just booked a $27 billion budget surplus in June, a rare sight not seen since 2017, according to the Treasury ...

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