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US budget deficit has widened by $109B from a year ago despite influx of tariff revenue

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10 August 2025
The federal budget deficit increased by $109 billion in first 10 months of fiscal year 2025 despite a $70 billion boost from the Trump administration's tariffs on imported goods.

Orignial Source:

https://www.foxbusiness.com/economy/us-budget-deficit-has-widened-109b-from-year-ago-despite-influx-tariff-revenue


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