Trump Tariffs Deliver Surprise Budget Surplus

[Swordsmyth]

The federal government posted an unexpected budget surplus in June, fueled by a sharp rise in tariff revenues and higher-than-anticipated tax receipts, marking a notable vindication for President Donald Trump’s economic strategy.

The $27 billion surplus reported Friday by the Treasury Department stood in stark contrast to forecasts for a $50 billion deficit, representing one of the largest upside surprises in recent budget data.

Monthly surpluses typically occur in April, when many Americans file their taxes. Surpluses are also common in January and September. A June surplus is highly unusual.

Much of the improvement stemmed from a 301 percent increase in tariff collections compared to June of last year. Customs duties totaled $27 billion in June, up from $23 billion in May and more than quadruple the $6.7 billion collected a year earlier. For the fiscal year to date, tariff revenues have reached $113 billion, an 86% increase over the same period in 2024.

Treasury Secretary Scott Bessent has said that he expects tariffs to bring in as much as $300 billion in revenues this year.

The surge follows Mr. Trump’s sweeping 10 percent universal tariff on imports implemented in April, as well as a growing array of reciprocal duties aimed at specific trading partners. Administration officials have pointed to the June surplus as evidence that the new trade regime is strengthening federal finances without imposing the widespread inflationary pressure critics once warned about.

Receipts overall rose 13 percent from the prior year, driven in part by quarterly corporate tax payments. At the same time, federal outlays fell 7 percent, contributing to the favorable monthly balance. The June surplus followed a $316 billion deficit in May.

More at:

https://www.breitbart.com/economy/2025/07/11/june-budget-surplus/

Golden Age: Trump Tariffs Deliver Surprise Budget Surplus

The $27 billion surplus reported Friday by the Treasury Department stood in stark contrast to forecasts for a $50 billion deficit, representing one of the largest upside surprises in recent budget data. | Economy

www.breitbart.com

 

[acptulsa]

The budget doesn't have a surplus until revenues go up to the point where they cover the deficit. Until then, it's just a little less debt than they expected to rack up.

 

[Occam's Banana]

 

[nikcers]

The budget doesn't have a surplus until revenues go up to the point where they cover the deficit. Until then, it's just a little less debt than they expected to rack up.

Thats what a surplus means. It means the government brought in more revenue than it spent.

When you bring in enough revenue to fund government you don't have to borrow money to pay for the government.

It didnt do that in the previous year.

 

[acptulsa]

Thats what a surplus means. It means the government brought in more revenue than it spent.

That is what the word means. That isn't what happened.

 

[nikcers]

That is what the word means. That isn't what happened.

The surplus is a deficit because its a deficit surplus and its definitely not better than the deficit deficit of last year.

 

[nikcers]

The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

 

[acptulsa]

The surplus is a deficit because its a deficit surplus and its definitely not better than the deficit deficit of last year.

Good strategy. You can't be accused of lying if you never post anything that makes a lick of sense.

 

[Voluntarist]

Much of the improvement stemmed from a 301 percent increase in tariff collections compared to June of last year. Customs duties totaled $27 billion in June, up from $23 billion in May and more than quadruple the $6.7 billion collected a year earlier. For the fiscal year to date, tariff revenues have reached $113 billion, an 86% increase over the same period in 2024.

$27 billion in June 2025
$6.7 billion in June 2024
That's a monthly tax increase of $20.3 billion, year over year (annualized to $243.6 billion, roughly a quarter trillion dollars). In DC, they tally up tax increases over ten years - so this would be a tax increase of $2.436 trillion on that time scale. An increase of $2.436 trillion being sucked out of the productive economy over a decade.

Donnie Two Dolls (his mafioso name) strikes again.

 

[nikcers]

$27 billion in June 2025
$6.7 billion in June 2024
That's a monthly tax increase of $20.3 billion, year over year (annualized to $243.6 billion, roughly a quarter trillion dollars). In DC, they tally up tax increases over ten years - so this would be a tax increase of $2.436 trillion on that time scale. $2.436 trillion being sucked out of the productive economy over a decade.

Sucked out of the productive economy?

So there is no productive reason to enforce laws?

Having a system of law enforcement has lifted more people out of poverty and enslavement than in history.

Without law enforcement we would still have slavery.

 

[Swordsmyth]

The budget doesn't have a surplus until revenues go up to the point where they cover the deficit. Until then, it's just a little less debt than they expected to rack up.

And tariffs are getting us there.

 

[Swordsmyth]

$27 billion in June 2025
$6.7 billion in June 2024
That's a monthly tax increase of $20.3 billion, year over year (annualized to $243.6 billion, roughly a quarter trillion dollars). In DC, they tally up tax increases over ten years - so this would be a tax increase of $2.436 trillion on that time scale. An increase of $2.436 trillion being sucked out of the productive economy over a decade.

Donnie Two Dolls (his mafioso name) strikes again.

LOL

Cry harder, Trump is reducing the deficit and making foreigners and international corporations pay for it through tariffs. (consumers are not affected)

 

[acptulsa]

And tariffs are getting us there.

$27 billion certainly is not getting us there. Trump never borrowed less than fifty billion in his life.

 

[vita3]

Good.

Cut the waste in military & a taxpaying citizen can almost feel ok about his bloated, out of control GOV

 

[Snowball]

LOL it is only because the operating budget was OLD.

Now that the BBB is passed, you'll see it go back to operational deficit immediately.

 

[CCTelander]

.

So, we get sand in the lube instead of gravel?

Winning?

 

[Invisible Man]

Trump Tariffs Deliver Surprise Budget Surplus​

We all agree that this is a bad thing. Right?

 

[Swordsmyth]

We all agree that this is a bad thing. Right?

LOL

Of course you think less debt is bad.
Of course.

 

[Invisible Man]

LOL

Of course you think less debt is bad.
Of course.

Less debt is good if it results from less spending. It's bad if it results from higher revenue.

What we want is for the government to get less revenue.

 

[Swordsmyth]

Less debt is good if it results from less spending. It's bad if it results from higher revenue.

What we want is for the government to get less revenue.

LOL

I suppose you supported the Big Bill then, right?
Or did you oppose it because while it cut spending it also kept tax cuts and that was counted as increasing the deficit?


LOL


And we want tariff revenue to be very high so we can replace the evil Income Tax.

You just oppose anything good for America.

Foreign countries are paying the tariffs in order to try to keep market share so don't even try to pretend it's Americans being taxed.