Overview

• Treasury data show customs duties reached $30 billion in August, nearly triple last year and the fourth straight monthly increase.
• CBO’s August update puts the fiscal year‑to‑date deficit at $1.989 trillion, up $92 billion from the same period a year earlier, with a $360 billion shortfall in August.
• Year‑to‑date customs duties total $165 billion, up $95 billion or 137 percent from last year, reflecting broader White House tariff actions and policy changes on duty‑free imports.
• The Treasury’s monthly statement reports $111 billion in August interest costs and total debt near $36 trillion.
• Gross corporate tax receipts fell 56 percent in August to $4 billion, while CBO currently estimates a full‑year deficit of about $1.9 trillion after a September accounting change for student loans.