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.
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 ...
CBS Texas on MSN3h
Fort Worth ISD reviews school closures amid budget deficit
Fort Worth ISD's Board of Education learned new details about a proposal to close 18 schools over the next four years in ...
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 ...
The Hill19d
Why tackling America’s ‘twin deficit’ now is essential
By comparison, the wrangling over the federal budget has received much less attention. This is a mistake, in my view, because the current account deficit, which includes trade in goods and ...
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 ...
Mecklenburg County manager presenting budget for 2026
CHARLOTTE — Wednesday, the Mecklenburg County manager will present the recommended budget for the fiscal year of 2026. We ...
Canutillo ISD to discuss non-renewals and cuts to address budget deficit
The Canutillo Independent School District is among the districts in the El Paso area struggling with a budget deficit, ...
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 ...
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.