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Tariffs will reduce deficits by $2.5 trillion over 10 years: CBO
President Trump’s tariffs will take a major bite out of U.S. deficit levels, reducing them by $2.5 trillion over the next ...
Trump tariffs would slash federal deficit by $2.8T if kept in place for 10 years: CBO
The torrent of tariffs President Trump has enacted so far in his second term would slash the federal deficit by $2.8 trillion ...
CBO says Trump's tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.
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CBO Adds Fuel to Republican Budget Fight With Damning Deficit Forecast
The bill is expected to cut $1.3 trillion in spending, but also cut $3.7 trillion in total revenue, leading to the massive ...
Amid tariff war, China appears unfazed, but its economy could be vulnerable; high debt and high deficit loom large
As US President Donald Trump and his cabinet full of China hawks set out to address the trade imbalances, there could some ...
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Are Trump’s tariffs hurting US consumers? Here's what the data says
New economic analyses, several conducted by the federal government using official data sources, point to slowing economic ...
Stocks close mixed with no trade war progress, amid mounting economic damage
Stocks closed mostly higher Wednesday as disappointing economic news trickled in and there was little progress on tariff ...
Trump admin live updates: Johnson says Elon Musk is 'flat wrong' about spending bill
Johnson however said Musk was "flat wrong" about his criticisms on the spending bill and its effect on the deficit. The ...
What to Know About the USCIT’s Tariff Ruling—and How Trump and the World Are Reacting
The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.
I Was Obama’s Budget Director. It’s Time to Worry About the National Debt.
In its current form, the budget legislation moving through Congress would exacerbate the fiscal challenges we face.
Stocks recover as Wall Street shrugs off trade tensions between US, China
Stocks erased losses on Monday as trade tensions between the US and China flared up again over the weekend, with China hitting back after President Trump claimed the nation had “totally violated” a ...