Andrew Moran Nathan Worcester

Tariff Revenues Help Send US Budget Deficit 9 Percent Lower in May

BusinessFederal tax receipts also record double-digit increase from a year ago.SaveBy Andrew Moran and Nathan Worcester6/11/2025Updated: 6/11/20250:00The U.S. government deepened its fiscal year financial shortfall in May, but Treasury Department data signaled that fiscal progress might be happening.According to the Monthly Treasury Statement, the...
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