The Treasury reported the first June budget SURPLUS since 2017 of $26 billion, and is largely attributed to a surge in tariff revenue.

The claim consists of two main components: first, that the Treasury reported a budget surplus in June of $26 billion (approximately $27 billion according to sources), and second, that this surplus is largely attributed to a surge in tariff revenue. Multiple credible sources confirm that the U.S. Federal government posted a budget surplus of about $27 billion in June 2025, marking the first monthly surplus since 2017.

This surplus was unexpected, as economists had forecasted a deficit for the month. The Treasury Department and various financial news outlets attribute this surplus primarily to a significant increase in customs duties and tariff collections, which surged due to tariffs implemented during the Trump administration. Tariff revenues quadrupled compared to the previous year and topped $100 billion for the fiscal year for the first time, providing a substantial boost to government receipts.

The slight discrepancy between $26 billion and $27 billion is minor and likely due to rounding or reporting differences. Overall, the evidence strongly supports both parts of the claim with consistent figures and explanations across multiple independent and reputable sources.