Record $16B tariff inflow helped ease the US budget deficit rate

Submitted ⁨⁨16⁩ ⁨hours⁩ ago⁩ by ⁨realcaseyrollins⁩ to ⁨finance@thelemmy.club⁩

The April receipts saw the federal government post a $258B budget surplus for April, up 23% from a year earlier

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nokturne213@sopuli.xyz ⁨16⁩ ⁨hours⁩ ago
But at what cost? Businesses are closing because they cannot afford to pay the tariffs on their products.

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abdominable@lemm.ee ⁨14⁩ ⁨hours⁩ ago
Breaking news, taxing people leads to more government money. Next on water is wet news.

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- realcaseyrollins ⁨14⁩ ⁨hours⁩ ago
  I think the news here is that the money actually went towards reducing the deficit rather than being spent on something else.
  - abdominable@lemm.ee ⁨13⁩ ⁨hours⁩ ago
    I don’t know why youd think that when they have plans for the money and it sure as hell won’t be to reduce the deficit.
    
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griff@lemmings.world ⁨16⁩ ⁨hours⁩ ago
Wasn’t it Dick Cheney who said “Deficits don’t matter” a while ago?

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