News

Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
US rakes in record $16B in customs duties in April from Trump tariffs
Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
Proof Trump Has No Idea How the Trade Deficit Works
Adding 2 percent of G.D.P. to the budget deficit would add a substantial amount to its twin, the trade deficit (broadly ...
Veronique de Rugy: Trump’s budget would lock in big-government spending and deficits
President Donald Trump’s 2026 “skinny budget” is out, and at first glance it gives small-government advocates reason to cheer ...
The Republicans’ Budget Makes No Sense
Yet the Government Accountability Office estimates that the government loses roughly $50 billion to $100 billion a year to ...
US trade deficit hits record high as businesses, consumers try to get ahead of Trump tariffs
NEW YORK (AP) — The U.S. trade deficit soared to a record $140.5 billion in March as consumers and businesses alike tried to ...
Parents express concerns as FCPS discusses budget, looming deficit
Fayette County Public School leaders are in the process of developing the district’s tentative budget for the 2025-2026 ...
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Walters: Newsom flaunts state’s economy yet downplays its mounting deficit
California’s economic output has surpassed $4 trillion a year and in doing so slipped past Japan to become, were it a nation, ...
Burlington Mayor Emma Mulvaney-Stanak discusses city job cuts, need to close budget deficit
With Burlington facing an $8M deficit in this year's fiscal budget, Mulvaney-Stanak said she made the difficult decision to ...
Washoe School Board approves plan to reduce tentative budget deficit from $9.7m to $4.1
The Washoe County School Board passed a motion Tuesday that would reduce its budget deficit by about $5 million, but it had ...