U.S. budget balance unexpectedly flips to surplus in June as tariff receipts jump

The U.S. federal government earned $27.0B more than it spent in June, compared with the -$41.5B deficit expected and the prior month's -$316.0B shortfall, according to the Treasury Department's ... Read More

US posts $27 billion budget surplus in June, the first June surplus since 2017

America just booked a $27 billion budget surplus in June, a rare sight not seen since 2017, according to the Treasury Department’s Friday report. After bleeding $316 billion in red ink the month ... Read More

US budget deficit surges past $1 trillion less than halfway ... - MSN

The U.S. budget deficit surged past the $1 trillion mark in February, less than six months into fiscal year 2025. As of Feb. 28, the federal government spent nearly $1.15 trillion more than it had ... Read More

Elon Musk backs Warren Buffett’s proposal to ‘end the deficit in 5 minutes’ as the bold idea gains steam again

"I could end the deficit in five minutes,” Buffett told CNBC’s Becky Quick in a 2011 interview. “You just pass a law that says that any time there's a deficit of more than 3% of GDP, all sitting ... Read More

US fiscal folly could create big, beautiful debt spiral

The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the next decade. If the current debt trajectory continues unabated, it could set ... Read More

US budget deficit grows to $1.3 trillion, the second highest six ... - MSN

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ... Read More

US budget deficit grows to $1.3 trillion, the second ... - KXAN Austin

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ... Read More

US Budget Deficit Grows to $1.3 Trillion, the Second Highest Six-Month ...

WASHINGTON (AP) — The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest six-month deficit on record, according to Treasury ... Read More