星球日报|Feb 11, 2026 22:24
[Surge in Tariff Revenue Helps Reduce U.S. Deficit, Supreme Court Ruling Becomes a Key Future Variable]
Odaily Planet Daily News: Data shows that in the four months ending in January, the U.S. budget deficit decreased from $840 billion in the same period last year to $697 billion, a reduction of 17%. The U.S. Supreme Court is currently weighing whether Trump had the authority to impose most tariffs, and the reduction in the deficit highlights the significant impact this ruling could have on government interests. With revenue growing faster than expenditures, total revenue increased by 12%, while expenditures only grew by 2%. From October last year to January this year, total tariff revenue amounted to $124 billion, an increase of approximately 304% compared to the same period in 2025. Earlier on Wednesday, the Congressional Budget Office estimated that if the tariffs registered as of November 20 remain unchanged over the next decade, tariff revenue would reduce the federal deficit by $3 trillion. However, this is not enough to offset other deficit-increasing factors in Trump’s economic plan. The Congressional Budget Office has raised its ten-year total deficit forecast by $1.4 trillion.
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