The U.S. government recorded a surplus in June, bolstered by increased tariff collections, the Treasury Department has reported. The surplus amounted to a little more than $27 billion, a stark ...

WASHINGTON -- The federal government had a $27 billion surplus in June, an unexpected finding at this point in the fiscal year. The Treasury Department on Friday released its monthly treasury ...

Terry Lane is a writer for Investopedia with 25 years of experience in journalism and communications. He covers personal finance, Congress, government regulations, and economics. Eric Thayer/Bloomberg ...

The U.S. government recorded a rare monthly budget surplus in June 2025, driven largely by a sharp spike in tariff collections and a surge in overall revenues, the Treasury Department reported this ...

WASHINGTON -- The United States' deficit for the current fiscal year surpassed $1.3 trillion in May with payments on Social Security, Medicare and net interest serving as the most prominent outlays.

In recent speeches and media scrums, President Donald Trump has lauded the federal budget surplus for the month of June, claiming the surplus had not happened in “many, many years” or “decades.” To be ...

The Federal Government publishes the spending and revenue numbers on a monthly basis. The government fiscal year closes at the end of September, but this analysis will look at the calendar year budget ...

Corporate America loves huge and growing federal government deficits. Few corporate leaders will admit this, but the fact is that a dramatic reduction in the federal deficit would lead to a decline of ...