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The Congressional Budget Office reported federal revenues are starting to surge, as they are up about 18% since June.
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Trump's Tariffs to Generate $300 Billion for Federal Government: Is It Worth the Inflation Risk?The Trump administration's tariffs promise significant federal revenue, but rising inflation raises concerns. As the Federal Reserve grapples with economic pressures, the question remains: do the ...
House Speaker Mike Johnson touted an alleged federal budget surplus for June 2025, the first since 2017, and said with ...
Economists broadly expect the tariffs to add 1 to 1.5 percentage points to the inflation rate by the end of the year, which could leave it between 3.5% and 4%. Inflation peaked at 9% in 2022 and got ...
Eliminating $2 trillion annual deficit would require increasing revenue, decreasing spending, or a combination of the two.
The higher rates suggest Trump may raise tariffs on certain countries beyond the levels outlined in his April 2 “Liberation ...
Despite early criticism that his approach to trade was erratic, senior officials now say the strategy is yielding stronger negotiating positions.
Just a week after President Donald Trump signed the Big Beautiful Bill into law, the U.S. Treasury surprised markets with a ...
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In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his ...
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