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U.S. Government reports $291B deficit for July
CNBC Television· 2025-08-12 18:44
Brian, that's right. This report always is our best look at the tariff revenue. But first, top line here.It was a big deficit month for the US Treasury. The government ran a $291 billion deficit in July. That compares with about $183 billion deficit that was expected among economists surveyed by Dow Jones.Now, July is almost always a deficit month. There aren't any big tax due dates for either corporations or individuals. But that is still a big miss there compared to expectations.It's also significantly wo ...
X @Bloomberg
Bloomberg· 2025-07-11 18:08
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration https://t.co/7IQncxrsvX ...