US Treasury Posts a SURPLUS in June - Trump's Plan Working

However, when accounting for calendar shifts, the month would have shown a deficit of $70 billion, according to the Treasury.

The overall budget deficit for the fiscal year (through June) is $1.337 trillion, up 5% from the same period last year.

At the end of the day, tariffs will reduce the deficit, but the BBB will massively increase it. The 2 things about tariffs that MAGA conveniently ignore is that they can't both bring back American manufacturing jobs and be a massive revenue stream (it has to be one or the other) and that they are a tax on the companies in the US bringing in the products, which include raw materials needed for American manufacturers.

 

that's just too nuanced for Traitor George