Tag Archives: Trillion

President Donald Trump’s hike in tariffs is projected to generate enough revenue to cut federal deficits by $4 trillion over the next decade, according to the latest analysis by the Congressional Budget Office (CBO). The nonpartisan agency said it had updated its estimates of tariff revenues as part of the development of the short-term economic forecast covering 2025 to 2028, …

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Facebook Tweet Email Link President Donald Trump is making sure to share – repeatedly – a recent government analysis that shows his sweeping array of tariffs is expected to reduce the federal debt by $4 trillion over the next decade, more than forecast only a few months ago. The president has referenced the Congressional Budget Office report in multiple remarks …

Trump tariffs will lower deficits by $4 trillion over a decade, CBO says  Axios Tariff revenue will cut US deficits by $4tn over next decade, fiscal watchdog says  Financial Times Trump’s tariffs could reduce US deficit by $4 trillion, CBO estimates  Reuters ‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit  Fortune …

President Donald J. Trump’s tariffs will reduce total deficits by $4 trillion over the next decade, according to a new analysis from the Congressional Budget Office. From The Washington Examiner: “The Congressional Budget Office projected that President Donald Trump’s tariff agenda, if maintained, would decrease total deficits by up to $4 trillion over the next decade. The CBO, Congress’s nonpartisan …

Sarah Meyssonnier/REUTERS 2025-08-19T14:43:23Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Nvidia could reach a $9 trillion valuation …

Bitcoin—alongside other major cryptocurrencies ethereum and XRP—have fallen sharply, raising fears of a crypto market crash after it bubbled up to an all-time high of $4.2 trillion this month (just as Tesla billionaire Elon Musk breaks his silence on crypto). Sign up now for CryptoCodex—A free newsletter for the crypto-curious The bitcoin price has plunged from an all-time high of …

Take an industry leader, add in a healthy dose of secular tailwinds and a large addressable market, and you get an artificial intelligence (AI) pioneer ready to break new ground. Artificial intelligence (AI) has stolen the limelight over the past few years, and there’s plenty of evidence to suggest this is just the beginning. Developers continue to create new applications …

China’s $11 Trillion Stock Market Is a Headache for Both Xi and Trump  Bloomberg.com China’s Stock Market Fails to Drive Consumer Spending Despite Reforms – News and Statistics  IndexBox China’s $11 trillion stock market tests Xi’s growth push, Trump’s tariff gamble  WION China’s $11 Trillion Stock Market: Structural Imbalances and the Path to Rebalancing  AInvest Here’s What China’s Stock Market is Signaling  Fisher Investments Source …

President Trump has got plenty of ideas about how he’ll address national debt: He’ll pay it down through tariffs, or offset some of the borrowing thanks to proceeds from his “golden visa” program. He’s also said he’ll rebalance the debt-to-GDP ratio by growing the economy, and would reduce the need for as much borrowing thanks to initiatives like the Department …