Name:   MartiniMan - Subject:   June 2025 Fed Govt in the Black Date:   7/15/2025 11:13:02 AM

Look at the numbers below - quite a difference from prior years.  CBO reported that tariff revenues were up $18 billion (or 279%) in June 2025 versus June 2024, and collections of income and payroll taxes rose by $55 billion (or 15%), reflecting higher wages and salaries. We were told by the so-called "experts" that the tariffs would cause inflation to soar.  Despite raising close to $80B in June from tariffs, inflation numbers in June YOY was around 2.7%.  The Biden admin average inflation was around 5% with a peak of over 9%.  Trump 45 was 2.5% over 4 years.