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Posted On: 07/12/2025 4:01:05 PM
Post# of 127702
The United States had a budget surplus of $27 billion in June 2025. This marks the first June surplus since 2017.
The surplus was largely attributed to a significant increase in customs duties (tariff revenue).
This represents a 301% increase compared to June 2024, according to CNBC.
This surge in tariff revenue was combined with a reduction in government spending, contributing to the surplus.
Government spending decreased by $187 billion in June.
The surplus was largely attributed to a significant increase in customs duties (tariff revenue).
This represents a 301% increase compared to June 2024, according to CNBC.
This surge in tariff revenue was combined with a reduction in government spending, contributing to the surplus.
Government spending decreased by $187 billion in June.
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