{"id":62832,"date":"2026-02-15T13:26:25","date_gmt":"2026-02-15T18:26:25","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=62832"},"modified":"2026-02-15T13:26:25","modified_gmt":"2026-02-15T18:26:25","slug":"trumpenomics-is-working","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=62832","title":{"rendered":"Trumpenomics Is Working"},"content":{"rendered":"

On Wednesday, The Daily Signal<\/a> reported:<\/p>\n

The U.S. government posted a $95 billion budget deficit<\/a> in January, down $34 billion, or 26%, from a year earlier as revenue gains, including customs duties, outpaced growth in outlays, the Treasury Department said on Wednesday.<\/strong><\/p>\n

Adjusting for routine calendar shifts in benefit payments due to holidays, weekends, and other factors in both years, the Treasury said the January deficit would have been $30 billion, a decline of $52 billion, or 63%, from January 2025.<\/strong><\/p>\n

January receipts totaled $560 billion, up $47 billion, or 9%, from a year earlier, while outlays totaled $655 billion, up $13 billion, or 2%.<\/strong><\/p>\n

A $95 billion deficit is not a good thing; however, it is better than it was a year ago. If America is going to survive as a country, we need to elect people who will give us budget surpluses–not budget deficits.<\/p>\n

The article concludes:<\/p>\n

Helping to drive both January and year-to-date results were sharply higher net customs receipts due to President Donald Trump\u2019s<\/a> tariffs. These totaled $27.7 billion in January, about the same level as December and slightly below the $30 billion monthly pace late last year. Customs duties in January 2025, the month that Trump took office and well before his tariff announcements, totaled $7.3 billion.<\/strong><\/p>\n

Fiscal year-to-date net customs duties were $117.7 billion, up from $28.2 billion a year earlier.<\/strong><\/p>\n

Also, cutting the deficit was a rare $12 billion decline in Treasury interest outlays on the public debt to $72 billion for January. The Treasury official said this stemmed from downward adjustments to payments on inflation-linked securities that were delayed by last year\u2019s government shutdown and publication of consumer price index data.<\/strong><\/p>\n

Year-to-date Treasury debt interest totaled $426 billion, a record for the period, up $34 billion, or 9%.<\/strong><\/p>\n

The tariff income is a wonderful thing. My fear is that as fast as it comes in, Congress will find a way to spend it.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Wednesday, The Daily Signal reported: The U.S. government posted a $95 billion budget deficit in January, down $34 billion, or 26%, from a year earlier as revenue gains, including customs duties, outpaced growth in outlays, the Treasury Department said … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19138,11742,10397],"class_list":["post-62832","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-federal-budget-deficits","tag-tariffs","tag-the-daily-signal"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62832"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62832\/revisions"}],"predecessor-version":[{"id":62833,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62832\/revisions\/62833"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}