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The nonpartisan Congressional Budget Office said tariffs would reduce the purchasing power of households overall.
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
To Pay for Tax Cuts, Trump Touts Tariff Revenues That May Be Fleeting
The president cited figures from the Congressional Budget Office to suggest tariffs could offset the cost of tax cuts, though ...
Trump's tariff strategy could pay for his tax bill, but only if they stick, experts warn
The CBO projects Trump's tariffs could reduce the deficit by $2.8 trillion while his tax bill would add $2.4 trillion, but ...
Trump bill would increase deficit by trillions over next decade, Congressional Budget Office says
The Congressional Budget Office released new numbers on the monetary impacts of President Trump's budget bill and tariffs on ...
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Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?
Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the ...
US Congress budget office sees economic output falling from Trump tariffs
U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of ...
A twist in the debate over Trump's deficit-busting bill: A (long-shot) scenario where tariffs could offset the costs
Congress's top budget scorekeeper released two reports Wednesday that, taken together, suggest tariff revenues could offset ...
Trump official reacts to Musk's tariff criticism
White House trade advisor Peter Navarro reacted to Elon Musk's criticisms of President Trump's tariffs as Mr. Trump and ...