BREAKING: US governments shocks with a budget surplus in June, 1st in 9+ years and defying deficit expectations, according to X account End Wokeness.
🟢June 2025: $26 billion surplus
🔴June 2024: $71.5 billion deficit
🔴June 2023: $227.7 billion deficit
🔴June 2022: $88.81 billion deficit
🔴June 2021: $174.16 billion deficit
🔴June 2020: $864.2 billion deficit
Reuters reported that the budget data showed that tariffs are starting to build into a significant revenue contributor for the federal government, with customs duties in June hitting new records, nearly quadrupling to $27.2 billion on a gross basis and $26.6 billion on a net basis after refunds.