News

Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
US rakes in record $16B in customs duties in April from Trump tariffs
Overall, the US government posted a $258 billion budget surplus for April, up 23%, or about $49 billion, from a year earlier.
Proof Trump Has No Idea How the Trade Deficit Works
Adding 2 percent of G.D.P. to the budget deficit would add a substantial amount to its twin, the trade deficit (broadly ...
US budget surplus gets tax returns, import duties boost
The US Treasury Department reported that net customs duties in April totalled $US16 billion, about a $US9 billion increase ...
Veronique de Rugy: Trump’s budget would lock in big-government spending and deficits
President Donald Trump’s 2026 “skinny budget” is out, and at first glance it gives small-government advocates reason to cheer ...
The Republicans’ Budget Makes No Sense
Yet the Government Accountability Office estimates that the government loses roughly $50 billion to $100 billion a year to ...
Fort Worth ISD to review school closures as budget deficit prompts phased plan
The district plans to present its finalized list of closures to the Board of Trustees during a special meeting Tuesday.
Parents express concerns as FCPS discusses budget, looming deficit
Fayette County Public School leaders are in the process of developing the district’s tentative budget for the 2025-2026 ...
Burlington Mayor Emma Mulvaney-Stanak discusses city job cuts, need to close budget deficit
With Burlington facing an $8M deficit in this year's fiscal budget, Mulvaney-Stanak said she made the difficult decision to ...
Layoffs, frozen positions and fire 'brownouts' coming in Sparks amid $18M budget deficit
The city of Sparks will be freezing positions, laying off some employees and will do strategic fire station 'brownouts' as ...