Broeske and Musson

SURPRISE! U.S. Posts $27 Billion Budget Surplus in June, Driven by Record Tariff Revenues


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John Broeske is back! In June 2025, the U.S. government recorded a $27 billion budget surplus—the first monthly surplus since 2017—largely fueled by a surge in customs duties, which hit $27.2 billion, a 301% increase from June 2024. This unexpected surplus followed a $316 billion deficit in May and was also aided by a 27% drop in government spending month-over-month. 

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Broeske & Musson 

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