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CBO: Trump’s Tariffs Could Slash Deficit by $4 Trillion

Posted on 9/3/25 at 7:34 am
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
37914 posts
Posted on 9/3/25 at 7:34 am
LINK

quote:

President Donald Trump’s sweeping tariffs on foreign imports could slash the federal deficit by as much as $4 trillion over the next decade, according to a new estimate from the Congressional Budget Office (CBO).

The report, released Friday, said Trump’s global tariff hikes would generate enough additional revenue to reduce primary deficits by $3.3 trillion and cut federal interest payments by $700 billion.

That projected $4 trillion in savings would come even as negotiations with trading partners and international legal challenges continue over the new duties.

The CBO projection also highlighted that the added revenue from Trump’s tariffs would help counterbalance the effects of the Republicans’ tax-cut and spending bill passed earlier this year.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463655 posts
Posted on 9/3/25 at 7:37 am to
While raising the cost to consumers over that time by $3.3 trillion

The interest payments would be the net gain. $700B over 10 years, or $70B/year.

Napkin math. But you get the gist
This post was edited on 9/3/25 at 7:44 am
Posted by RohanGonzales
Member since Apr 2024
7588 posts
Posted on 9/3/25 at 7:38 am to
quote:

While raising the cost to consumers over that time by $3.3 trillion

The interest payments would be the net gain. $700B over 10 years, or $70B/year.


says who?

How the frick can you post that number and not link where it came from?
Posted by DawgCountry
Great State of GA
Member since Sep 2012
32179 posts
Posted on 9/3/25 at 7:39 am to
quote:


While raising the cost to consumers over that time by $3.3 trillion


I would love to see your source for this.
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
26282 posts
Posted on 9/3/25 at 7:40 am to
quote:

raising the cost to consumers over that time by $3.3 trillion


Thats a useless stat. The point is to stop buying that product made overseas. You don't HAVE to buy that same priduct.

Posted by udtiger
Over your left shoulder
Member since Nov 2006
111819 posts
Posted on 9/3/25 at 7:41 am to
quote:

I would love to see your source for this.


He presumes 100% of the tariffs will be passed on to consumers.

Which has not happened yet.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463655 posts
Posted on 9/3/25 at 7:44 am to
quote:

How the frick can you post that number and not link where it came from?

It's the numbers in OP
Posted by LSU Patrick
Member since Jan 2009
76614 posts
Posted on 9/3/25 at 7:45 am to
quote:

SlowFlowPro


Still melting.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14315 posts
Posted on 9/3/25 at 7:45 am to
quote:

While raising the cost to consumers over that time by $3.3 trillion

The interest payments would be the net gain. $700B over 10 years, or $70B/year.


it's not a 1 for one increase. the cost of most items imported is going up bit not the full % of the tariff. companies are still trying to keep market share while they are trying to figure out moving more production domestically to avoid the tariffs.

long term, tariff revenue will go down just for that reason, more companies with have domestic production to bypass tariffs, which is the main intent of installing tariffs......
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463655 posts
Posted on 9/3/25 at 7:45 am to
quote:

Which has not happened yet.


It is in some sectors.

Some are still holding out because they think that admin will continue to blink
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463655 posts
Posted on 9/3/25 at 7:46 am to
quote:

which is the main intent of installing tariffs


There are 4-5 proposed "main goals"

Yours invalidates OP in a different way
Posted by RollTide4547
Member since Dec 2024
2729 posts
Posted on 9/3/25 at 7:46 am to
quote:

How the frick can you post that number and not link where it came from?
Because he's full of excrement as a constipated blue whale.
Posted by lake chuck fan
Vinton
Member since Aug 2011
20914 posts
Posted on 9/3/25 at 7:47 am to
quote:

While raising the cost to consumers over that time by $3.3 trillion


That number was derived from your "napkin math"????
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
26282 posts
Posted on 9/3/25 at 7:47 am to
quote:

The report, released Friday, said Trump’s global tariff hikes would generate enough additional revenue to reduce primary deficits by $3.3 trillion and cut federal interest payments by $700 billion.


What's Rand and Massie say now?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
111819 posts
Posted on 9/3/25 at 7:47 am to
quote:

quote:
Which has not happened yet.


It is in some sectors.

Some are still holding out because they think that admin will continue to blink


Which ones?

What percentage of total import commerce do they represent?

You pulled a number out of your arse without a shred of support.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
92296 posts
Posted on 9/3/25 at 7:49 am to
Lol @SFP and rogerthepanican
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68590 posts
Posted on 9/3/25 at 7:52 am to
I refuse to believe you believe 100% of the tarrif revenue will come from American consumers. Nice try, but I know you know better.
Posted by MajorityWhip
Member since Oct 2020
1119 posts
Posted on 9/3/25 at 7:56 am to
quote:

Napkin


Shove it in your pussy.
Posted by LSUnKaty
Katy, TX
Member since Dec 2008
4719 posts
Posted on 9/3/25 at 7:57 am to
quote:

Yours invalidates OP in a different way
OP says - CBO claims Trump’s Tariffs Could Slash Deficit by $4 Trillion.

How does anything you said or he said invalidate that?
Posted by AmosMosesAndTwins
Lake Charles
Member since Apr 2010
19013 posts
Posted on 9/3/25 at 8:00 am to
quote:

How the frick can you post that number and not link where it came from?


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