CBO Vindicates Trump, Admits Tariffs Will Reduce Deficit By Trillions
A new report released by the Congressional Budget Office, which regularly releases information to Congress concerning the impact of tariffs, has finally admitted that President Donald Trump’s tariffs are going to reduce the deficit.
The report revealed that as of Aug. 19, the current tariff rate on goods brought into the U.S. has risen about 18 percentage points when measured against figures from 2024. CBO officials say this increase will help draw down primary deficits by a whopping $3.3 trillion if the higher tariff rate continues for the period of 2025-2035.
The whining know-it-alls will complain that it's not enough.
They’re not all going to backpedal, Fred. We have the best cards in every negotiation except for China, where we are about even with our leverage Imo. There’s a lot of new investments coming in and a shift to domestic manufacturing. I’m optimistic.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
