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Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
CBO sees lower deficits from tariffs, but with big caveats
The analysis came before federal court decisions on tariffs last week and doesn’t account for potential changes to tariff ...
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 tariffs would net $2.8 trillion over next decade, CBO says
The $2.8 trillion figure is after accounting for how the tariff agenda would reduce the size of the U.S. economy, according ...
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 decade and shrinking the size of the U.S. economy, the Congressional ...
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 ...
CBO estimates tariffs could reduce federal deficits by $2.8 trillion
The Congressional Budget Office estimated that President Donald Trump's tariffs could reduce federal deficits by $2.8 ...
Trump tariffs live updates: Trump, Xi Jinping speak at last as US and China lean on key exports in trade fight
President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks ...