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US Budget Deficit Falls 9% in May as Tariffs Boost Customs Receipts
Source: Buzz FX / 11 Jun 2025 12:50:38 America/Los_Angeles
Wednesday, 11 June 2025 03:19 PM EDT
The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump
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