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Started By
Message
Trump’s tariff revenue can make impact on national debt
Posted on 8/13/25 at 8:33 am
Posted on 8/13/25 at 8:33 am
Fortune
quote:
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? Actually, yes, according to the Committee for a Responsible Federal Budget (CRFB), which alternately calls the revenue being generated by the tariffs to be “meaningful” and “significant.” In theory, pouring $2.8 trillion from tariffs into the national coffers could markedly slow the growth of the federal debt. Congressional Budget Office figures and CRFB models suggest that, if kept permanent, Trump’s tariff regime could reduce the deficit by up to $2.8 trillion in the next decade.
10
Posted on 8/13/25 at 8:40 am to Revelator
quote:
if kept permanent
quote:
$2.8 trillion in the next decade.
~$2T+ is added yearly. Tariffs work, but not the fix. Got to reign in the war machine.
Posted on 8/13/25 at 8:41 am to Revelator
quote:
But can these massive cash flows, already topping tens of billions monthly, truly put a dent in America’s $37 trillion national debt?
By the end of the year we will $38.7 trillion in national debt. Did that sentence really read, "truly put a dent in America's $37 trillion in national debt"?
Posted on 8/13/25 at 8:42 am to GumboPot
it's just fun coupons 
Posted on 8/13/25 at 8:43 am to Pezzo
quote:
Got to reign in the war machine.
Not going to happen. Not only does each congressman get one Israeli handler they get TWO MIC handlers. They have ZERO handlers that represent the people in their districts.
Posted on 8/13/25 at 8:44 am to Codythetiger
quote:
it's just fun coupons
The entire system is fake and gay run by child molesters and pedos.
Posted on 8/13/25 at 8:45 am to GumboPot
quote:
The entire system is fake and gay run by child molesters and pedos.
Posted on 8/13/25 at 8:45 am to SlowFlowPro
Posted on 8/13/25 at 8:48 am to Revelator
quote:
Trump’s tariff regime could reduce the deficit by up to $2.8 trillion in the next decade.
We all know this isnt going to happen. The deficit will grow.
Posted on 8/13/25 at 8:48 am to GumboPot
quote:Lots of gloom and doom coming out of you. Sounds like you should just take the leap and see what is next.
The entire system is fake and gay run by child molesters and pedos.
Posted on 8/13/25 at 8:50 am to RollTide4547
quote:
The entire system is fake and gay run by child molesters and pedos.
Lots of gloom and doom coming out of you.
He's just repeating what y'all have said under biden for years. There is truth to it, the system is phony as is all of its participants.
Posted on 8/13/25 at 8:56 am to RogerTheShrubber
quote:Seeing how you are such a panican, maybe you and he should take the leap together.
He's just repeating what y'all have said under biden for years. There is truth to it, the system is phony as is all of its participants.
Posted on 8/13/25 at 8:58 am to RollTide4547
quote:
Seeing how you are such a panican,
MAGA dipshits defending the deep state
Youve almost come full circle.
Posted on 8/13/25 at 9:00 am to RollTide4547
quote:
Lots of gloom and doom coming out of you. Sounds like you should just take the leap and see what is next.
It's hard to care when congress does not care.
Posted on 8/13/25 at 9:01 am to Revelator
Tariff revenue doesn't even offset the deficit increases from the big bastard bill.
Posted on 8/13/25 at 9:02 am to GumboPot
quote:
By the end of the year we will $38.7 trillion in national debt. Did that sentence really read, "truly put a dent in America's $37 trillion in national debt"?
What else is contributing to 5%?
Posted on 8/13/25 at 9:02 am to GumboPot
quote:
It's hard to care when congress does not care.
They care about people who can't find jobs in our shitty economy post-college paying back their student loans.
Posted on 8/13/25 at 9:04 am to RogerTheShrubber
quote:Only thing that could be worse is whiny, liberal, panicans crying over everything that the big Orange Meanie does..
MAGA dipshits defending the deep state
quote:You panicans like the circle, when you get to be the pivot right?
Youve almost come full circle
Posted on 8/13/25 at 9:05 am to Revelator
America doesn’t have a Revenue problem, …. it has a Spending problem
I’m thankful that the immediate tariff revenues can stave off default …. but the Spending issue must be addressed yesterday
Posted on 8/13/25 at 9:08 am to RogerTheShrubber
This article/study has already been posted a few times and each time it's overlooked that the OBBBA swamps any revenue that the tariffs bring. Not only that, of course they're bringing in revenue, they're a tax. You could write an article saying "Bernie Sanders' tax plan would bring in revenue and reduce the debt!" No shite, if you tax people, it's government revenue. That doesn't make it a good thing
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