In exclusive interviews with Fortune, Wharton’s Professor Joao Gomes and AEI’s Desmond Lachman warned that while tariffs may slow debt growth, they won’t meaningfully reduce it.
Trump is bringing in enough revenue from tariffs to have a serious impact on the $37 trillion national debt, budget watchdog says
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It's the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
"At this time, it appears that meaningful tariff revenue has the potential to offset the deficit-raising aspects of the recent…
It's the equivalent of a new payroll tax or a 17% cut in the size of the military, according to a top think tank.
A $2,000 dividend for each citizen would increase the deficit by $6 trillion, according to one estimate, roughly twice as much as…
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest…
In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One…
