Tariff Refunds Drive U.S. June Budget Back Into Deficit After Court...

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2026-07-14 10:00:05

Tariff Refunds Drive U.S. June Budget Back Into Deficit After Court Ruling Against Trump Trade Policy

BY MIRABEL ODETAThe U.S. federal government recorded a budget deficit of $120 billion in June, marking a significant reversal from the $27 billion surplus reported during the same month a year earlier.

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