US EditionCBO: Tariffs Bring Billions in Revenue, Barely Touch Inflation - Coalition For A Prosperous America
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CBO: Tariffs Bring Billions in Revenue, Barely Touch Inflation - Coalition For A Prosperous America
KEY POINTS CBO projects that 2025 tariffs will reduce the U.S. budget deficit by $2.8 trillion over 10 years.Tariffs will save $500 billion in interest payments by lowering federal borrowing needs.Inflation will rise just 0.4 percentage points annually in 2025–2026, despite sweeping new tariffs.$81.4 billion in tariff revenue has already been collected this fiscal year—more than all excise taxes combined—and up 65.1% fr…
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