News

Committee for a Responsible Federal Budget4d

12-Month Rolling Deficit is $1.9 Trillion in July 2025

The federal government borrowed $1.9 trillion over the past year – August 2024 to July 2025 – based on estimates from the ...
The Northwest Arkansas Democrat-Gazette3d

UCA professor weighs in on continued growth of federal deficit despite increased tariff collections

Despite increasing revenues from tariffs on imported goods, the federal government reported a monthly deficit of $291.1 billion for July, a 19.4% increase from July 2024's monthly deficit.

US July budget deficit up 20 percent year-over-year despite record Trump tariff income

Even as the president talks about America becoming rich because of his import tax hikes, federal spending keeps outpacing the ...

U.S. deficit grows to US$291 billion in July despite surge in tariff revenue

The U.S. government’s budget deficit grew nearly 20 per cent in July to US$291 billion despite a $21 billion jump in customs ...

Tariffs yield $25 billion in July, an $18 billion increase over last year

The report conducted by the nonpartisan Committee for Responsible Federal Budget comes just a week after President Donald ...

India’s trade deficit narrowed in April-July as services continued to drive export growth: Govt. data

India's trade deficit narrows in FY 2025-26 as exports outpace imports, with services showing significant growth.
The Daily News2d

US July tariff revenue jump fails to halt wider budget gap

U.S. tariff revenue reached a fresh monthly record in July, though the increase wasn’t enough to prevent a widening in the ...
Stocktwits on MSN2d

Peter Schiff Mocks Trump’s ‘Booming Economy’ Claim As July Deficit Jumps To $291B Despite Record-High Tariffs: 'The Truth Is...'

The U.S. budget deficit widened in July despite President Donald Trump’s tariffs jumping nearly 275% year over year to a ...