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The CBO's estimate says revenue from tariffs would reduce the deficit by $2.8T. The nonpartisan Congressional Budget Office estimates that President Donald Trump’s tariffs would shrink the U.S ...
The CBO projects that Trump's tariffs could reduce the federal deficit by $2.8 trillion over a decade. However, these savings come from American taxpayers who bear the cost of tariffs on imported ...
Treasury Department data show that revenue from tariffs on imported foreign goods increased substantially in April and May, ...
Donald Trump’s “big, beautiful bill” would increase the total U.S. deficit by nearly $2.8 trillion over the next decade, ...
Predictions from mainstream economists were dire after President Donald Trump launched his tariff campaign just a couple ...
The second claim is an appeal to “dynamic scoring” — incorporating a bill’s projected effects on the economy into estimates ...
The White House's notion of offsetting tax cuts with a tax increase via tariffs, paid by consumers, is a conflicting one, ...
The Republican tax bill approved by the House would cost the poorest Americans roughly $1,600 a year while increasing the ...
Johnson & Johnson (JNJ), Abbvie (ABBV), Novo Nordisk (NVO), and Astrazeneca (AZN), are falling after President Trump said ...
President Trump’s tax-and-spending megabill would give more money to middle-income and wealthy households while taking ...