Catenaa, Tuesday, August 19, 2025- S&P Global Ratings said revenues from Donald Trump’s tariffs will help soften the blow to the US’s fiscal health from Trump’s tax cuts, maintaining the AA+ credit rating. “Amid the rise in effective tariff rates, we expect meaningful tariff revenue to generally offset weaker fiscal outcomes that might otherwise be […]

Catenaa, Wednesday, August 13, 2025- US budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from President Donald Trump’s tariffs. The Treasury Department said on Tuesday that the deficit for July was up 19%, or $47 billion, from July 2024. Receipts for the month […]

Catenaa, Wednesday, August 20, 2025- US budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office, a budget watchdog said on Wednesday. The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7 trillion from fiscal 2026 to 2035, compared […]