Tariffs will reduce deficits by $2.5 trillion over 10 years: CBO

  • Posted on June 4, 2025
  • By The Hill
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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 decade and shrinking the size of the U.S. economy, the Congressional Budget…
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