News

Customs duties surge under Trump, yet US deficit grows by $64 billion
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
Free Malaysia Today on MSN2h
US budget deficit widens but customs receipts surge on tariffs
WASHINGTON: The US government saw its budget deficit widen from the prior year in the October to June period as spending rose ...
The Daily Hodl2d
‘Big Short’ Investor Steve Eisman Says US Budget Deficit ‘Nothing To Talk About’ Due to Insatiable Demand for Treasuries
One of the investors who called and profited off the subprime mortgage collapse of 2008, Steve Eisman, is brushing off ...
Trump’s Tax Bill Will Add Trillions to the US Debt. Does It Matter?
The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and ...
Larry Summers slams Trump's Big Beautiful Bill for its impact on the US debt and deficit
Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to ...
Why some economists say the deficit increase in Trump’s bill is dangerous
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
Mexico News Daily9d
Mexico slashes budget deficit by US $8.5B as tax collection surges 8.9%
Total tax revenue for the January-May period was 2.41 trillion pesos (US $128.36 billion), 83 billion pesos higher than ...
US customs duties reach record $27 billion in June, spurring small surplus
U.S. gross customs duties revenue grew to a record $27.2 billion in June as collections from President Donald Trump's tariffs ...