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House Bill Would Require CBO Scores Before New Tariffs Take Effect

Summary by insidetrade.com
Rep. Josh Gottheimer (D-NJ) on Friday introduced a bill that would mandate Congressional Budget Office assessments of proposed tariffs’ economic impacts before the duties could take effect. “Hardworking Jersey families shouldn’t be blindsided by higher prices from President Trump’s reckless tariffs,” he said in a statement. “My commonsense bill will bring much-needed transparency so families understand the real cost to their pocketbooks before n…

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(Photo by Kaboompics.com via Pexels) Twenty-nine percent of Americans believe the economy will never return to pre-tariff levels, according to a new survey. Among those who do believe a recovery is possible, the average recovery time is estimated at 19 months. Tariffs have become a deeply emotional topic: 37 percent of the 2,000 Americans surveyed say the topic causes them stress. Thirty percent feel angry, 23 percent feel overwhelmed, and 18 pe…

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Talker broke the news in on Thursday, July 10, 2025.
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