FXHedge
FXHedge|Aug 12, 2025 23:00
TRUMP IS BRINGING IN ENOUGH REVENUE FROM TARIFFS TO HAVE A SERIOUS IMPACT ON THE 37 TRILLION NATIONAL DEBT, BUDGET WATCHDOG SAYS President Donald Trump’s sweeping new tariffs are raking in unprecedented sums for the federal government—so much, in fact, that a top budget watchdog says the revenue rivals the impact of creating a brand-new payroll tax or slashing the entire military budget by nearly one-fifth. (These are rough estimates, to be sure, conveyed to communicate the magnitude of the tariffs, not precise contributions to the budget.) But can these massive cash flows, already topping tens of billions monthly, truly put a dent in America’s 37 trillion national debt? Full article: https://www.msn.com/en-us/money/news/trump-is-bringing-in-enough-revenue-from-tariffs-to-have-a-serious-impact-on-the-37-trillion-national-debt-budget-watchdog-says/ar-AA1KoG4f?ocid=msedgntp&pc=HCTS&cvid=ed52fe8c9be0437b88aeb67cf381ac98&ei=9(FXHedge)
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