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Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One Big Beautiful Bill Act will raise deficits by $3.4 trillion.
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ft.com
Tariff revenue will cut US deficits by $4tn over next decade, fiscal watchdog says
Congressional Budget Office estimate offsets concerns about fiscal effects of Donald Trump’s tax bill
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fortune.com
Trump is bringing in enough revenue from tariffs to cut deficits by $4 trillion over the next decade, CBO says
In just two months, Trump added another $1.5 trillion of deficit reduction in the form of new tariffs, CBO said. Still, the One Big Beautiful Bill Act will raise deficits by $3.4…
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Trump's tariffs are becoming such an important revenue source that they're now propping up America's debt rating
"At this time, it appears that meaningful tariff revenue has the potential to offset the deficit-raising aspects of the recent budget legislation."