The Daily Overview on MSN
Tariffs set a revenue record and may trim deficit by $4T
Tariffs are no longer just a trade policy tool, they have quietly become one of Washington's fastest growing revenue streams.
The Daily Overview on MSN
Record tariff haul could cut deficit $4T, but who pays
Tariffs are suddenly being sold as a budget fix, with projections that a record haul could shave trillions of dollars off ...
One of the Trump administration’s biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U.S. industrial sector but also help the government’s ...
The U.S. government recorded a $1.8 trillion budget deficit for fiscal 2025, just $8 billion smaller than the previous year, the Congressional Budget Office said. Revenue rose 6% while spending ...
Revenue from tariffs hit a record high of more than $16 billion in April, helping to reduce the pace of the U.S. budget deficit accumulation, the Treasury Department said on Monday. Customs duties ...
Pennsylvania’s Independent Fiscal Office released an updated fiscal outlook for the state, based around the new budget passed ...
The U.S. federal government's annual budget deficit has widened by $109 billion so far this fiscal year despite an influx of tariff revenue to the government's coffers. The nonpartisan Congressional ...
Opinion
15don MSNOpinion
California sees revenue uptick, but not enough to erase its chronic budget deficit
State revenue is several billion dollars more than expected, but that cash must pay for schools and go into reserves. The deficit stays.
The state of Alaska is still facing a significant budget deficit despite a revised state revenue forecast published Wednesday by the Alaska Department of Revenue. Oil revenue makes up about 40% of ...
DANVILLE, Va. (WDBJ) - Danville will not be raising utility costs for customers. The City Council voted Monday against increasing utility rates despite recommendations from the Utility Commission. The ...
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