US Gov Posts June Surplus - 1st time since 2017

Sunday, July 13, 2025

The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday. With government red ink swelling throughout the year, last month saw a surplus of just over $27 billion, following a $316 billion deficit in May. That brought the fiscal year-to-date deficit to $1.34 trillion, up 5% from a year ago. However, with calendar adjustment, the deficit actually edged lower by 1%. There are three months left in the current fiscal year, which ends Sept. 30. A 13% increase in receipts from the same month a year ago helped bridge the gap, with outlays down 7%. For the year, receipts are up 7% while spending has risen 6%.

Posted by ScottS at 11:47 AM | 32 COMMENTS | permalink | Comment on This Entry |

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The government last posted a June surplus in 2017, during President Donald Trump's first term.

Increasing tariff collections are helping shore up the government finances.

Customs duties totaled about $27 billion for the month, up from $23 billion in May and 301% higher than June 2024. On an annual basis, tariff collections have totaled $113 billion, or 86% more than a year ago.

Net interest on the $36 trillion national debt totaled $84 billion in June, down slightly from May but still higher than any other category with the exception of Social Security. For the year, net interest " what Treasury pays on the debt it issues minus what it earns on investments " is at $749 billion. Total interest payments are projected at $1.2 trillion for the full fiscal year.

Comments

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This story won't be touched Scott lol.

#1 | Posted by Bluewaffles at 2025-07-13 02:08 PM | Reply

"The U.S. government posted a surplus in June as tariffs gave an extra bump to a sharp increase in receipts"

Wow. Who knew that raising taxes could boost government revenues?
Have Democrats ever once suggested raising taxes to reduce the government debt? No.
Advantage: Trump Tariff Taxes.

#2 | Posted by snoofy at 2025-07-13 02:10 PM | Reply | Newsworthy 3

"Customs duties totaled about $27 billion for the month, up from $23 billion in May and 301% higher than June 2024."

A huge tax increase on Americans is all it took?
Advantage: Trump Tariff Taxes.

#3 | Posted by snoofy at 2025-07-13 02:11 PM | Reply | Newsworthy 1

This story won't be touched Scott lol.
#1 | POSTED BY BLUEWAFFLES

Unlike the underaged girls Trump raped.

#4 | Posted by ClownShack at 2025-07-13 02:16 PM | Reply | Newsworthy 1

Clown, you need proof of which you have none.

#5 | Posted by Bluewaffles at 2025-07-13 02:56 PM | Reply

Blue, there's plenty of proof.

You simply choose to ignore it.

It's what being in a cult looks like.

#6 | Posted by ClownShack at 2025-07-13 03:02 PM | Reply

Clown, you need proof of which you have none.
#5 | Posted by Bluewaffles

Oh come on.
You don't even believe Trump raped E. Jean Carroll.

#7 | Posted by snoofy at 2025-07-13 03:10 PM | Reply

He needs video proof and a sign confession from Trump before he believes Trump is guilty of anything.

#8 | Posted by ClownShack at 2025-07-13 03:36 PM | Reply

"The U.S. government posted a surplus in June as taxes gave an extra bump to a sharp increase in receipts"

FTFY

My God, you people are dishonest.

#9 | Posted by Zed at 2025-07-13 03:54 PM | Reply | Newsworthy 2

I was wondering why Republicans aren't celebrating this story.

Then I remembered Trump placed a 35% tariff on Victory Laps.

#10 | Posted by snoofy at 2025-07-13 04:06 PM | Reply | Funny: 3

Trump Is Now Less Popular Than Joe Biden AND Hillary Clinton

According to a new YouGov survey from the second quarter of this year, Donald Trump has become one of the least popular politicians in country, falling behind BOTH Joe Biden and Hillary Clinton.

In fact, Trump is behind all former living presidents and even his own Vice President, JD Vance. The survey shows that most of the most popular politicians are all Democrats, which seems odd considering the results of last year's election.

www.youtube.com

#11 | Posted by Corky at 2025-07-13 04:17 PM | Reply | Newsworthy 1

Guess who paid for this surplus?

American consumers.

These tariffs are little more than a massive tax increase on everyone but the wealthiest Americans.

#12 | Posted by AMERICANUNITY at 2025-07-13 05:51 PM | Reply | Newsworthy 1

Guess who paid for this surplus?

Well, not ScottS, his parents still pay for everything.

#13 | Posted by ClownShack at 2025-07-13 06:48 PM | Reply

"Guess who paid for this surplus?
#12 | Posted by AMERICANUNITY"

Chinese manufacturers and middlemen - NOT US consumers as clearly shown in the inflation data that shows Core inflation right now at an annualize rate of 1.6% and Total inflation at 0.8% - those American workers got the largest boost in real wages (wage gain net of inflation) in the last 60 years.

#14 | Posted by ScottS at 2025-07-13 07:45 PM | Reply | Funny: 1

Who knew that raising taxes ON THE MIDDLE CLASS could boost government revenues?

Fixed it.

#15 | Posted by Nixon at 2025-07-14 09:44 AM | Reply

Clown, you need proof of which you have none.

#5 | Posted by Bluewaffles

Look at these pathetic dips*&^s already bending over to accept Trump's coverup.

#16 | Posted by jpw at 2025-07-14 10:51 AM | Reply

NOT US consumers as clearly shown in the inflation data that shows Core inflation right now at an annualize rate of 1.6% and Total inflation at 0.8%

I love how this s(*&bag makes stuff up out of thin air and expects us to go along with it.

Core inflation, by the actual metric, is up to just a hair over 3%, slightly higher than the 2.95% it was in June.

#17 | Posted by jpw at 2025-07-14 10:52 AM | Reply

"#17 | Posted by jpw"

Already gave you the math ------- - apparently you believe the rate of inflation today is best calculated by using the the rate in July of 2024 under Biden rather than using the actual rate for the last 3 months.

I can't fix stupid and apparently neither could your parents or wife - as evidenced by your deadend career washing beakers for $15/hour.

#18 | Posted by ScottS at 2025-07-14 11:06 AM | Reply

You can't fix stupid because you're f*&^ing stupid.

You're cherry-picking math to reach a desired conclusion you stupid pile of s(*&.

Show bulls(*& "math" doesn't change that fact.

#19 | Posted by jpw at 2025-07-14 11:11 AM | Reply

It's hilarious how you liberals try to change terms and definitions.

The U.S. actually earned money and yall are --- ---ing it. What's also funny is, yall are fine with the U.S. having to pay tariffs to other nations while our tariffs were at 0% all these years.

Tariffs is how the U.S. makes money. A billion here and a billion there and eventually, we could pay down the debt and possibly fund some social give aways like you guys want.

#20 | Posted by boaz at 2025-07-14 12:30 PM | Reply

"The U.S. actually earned money and yall are --- ---ing it."

Trump raised our taxes and you are cheering it.

#21 | Posted by snoofy at 2025-07-14 12:31 PM | Reply

"Tariffs is how the U.S. makes money. "

Tariff is a tax.
Taxes is how the U.S. makes money.

#22 | Posted by snoofy at 2025-07-14 12:32 PM | Reply

"The U.S. actually earned money"

By raising taxes on Americans.

100% of those tariffs were paid by consumers in America.

Why are you against it when talking about the tax code, but for it when you're taking about the tariff code?

#23 | Posted by Danforth at 2025-07-14 12:34 PM | Reply

"yall are fine with the U.S. having to pay tariffs to other nations"

Remember when Boaz said what happens in other countries isn't our business?

Why is it our business all of a sudden, what other countries do with their tariff schedule?

#24 | Posted by snoofy at 2025-07-14 12:34 PM | Reply

It's hilarious how you liberals try to change terms and definitions.
The U.S. actually earned money and yall are --- ---ing it. What's also funny is, yall are fine with the U.S. having to pay tariffs to other nations while our tariffs were at 0% all these years.
Tariffs is how the U.S. makes money. A billion here and a billion there and eventually, we could pay down the debt and possibly fund some social give aways like you guys want.

#20 | Posted by boaz

Umm...US citizens and companies pay the tariff.

Even when a foreign company eats some of the tariff themselves, they just lowered the price of their product. We still pay the tariff, not them.

So...how did we "earn" money?

#25 | Posted by Sycophant at 2025-07-14 12:35 PM | Reply

billion here and a billion there and eventually, we could pay down the debt and possibly fund some social give aways like you guys want.

#20 | POSTED BY BOAZ

You have zero concept of the numbers involved here.

Your personal finances must be atrocious.

#26 | Posted by jpw at 2025-07-14 12:35 PM | Reply

"Guess who paid for this surplus?"
~AMERICANUNITY"

"Chinese manufacturers and middlemen"
~ScottS

Total idiot.

American CONSUMERS pay the tariffs. Or middlemen IN AMERICA. 100%.

#27 | Posted by Danforth at 2025-07-14 12:38 PM | Reply | Newsworthy 1

The American Fascist Party is increasing costs on all Americans and deplorable Trumping MAGAts cheer because their billionaire masters got a tax cut.

#28 | Posted by ClownShack at 2025-07-14 12:43 PM | Reply

Tariffs is how the U.S. makes money. A billion here and a billion there and eventually, we could pay down the debt and possibly fund some social give aways like you guys want.

#20 | Posted by boaz

WE (American companies & consumers) are paying for the tariffs, not foreign countries.

Get your head out of your as-

#29 | Posted by AMERICANUNITY at 2025-07-14 12:46 PM | Reply

#21 | Posted by snoofy

Grammar and math are not BOAZ's strong suits, among his other deficient abilities.

He needs a remedial course in grammar.

We shouldn't expect more from him than the drivel he spouts as a DEI Army promotion beneficiary.

#30 | Posted by AMERICANUNITY at 2025-07-14 12:53 PM | Reply

"Their billionaire masters".

There's more millionaires and billionaires in the democrat party than anyone else..

Dumb asses.

#31 | Posted by boaz at 2025-07-14 06:52 PM | Reply

There's more millionaires and billionaires in the democrat party than anyone else..
Dumb asses.
#31 | Posted by boaz

^
The billionaires "heavily favoured Republicans", the report said, with 70% of their donations going to the GOP, helping Donald Trump back into the White House.
theweek.com/politics/us-election-who-the-billionaires

#32 | Posted by snoofy at 2025-07-14 06:57 PM | Reply | Newsworthy 1