The CBO Just Dropped a $4 Trillion Truth Bomb on the Dems’ Anti-Trump Tariffs Rhetoric

[mystery-ak]

The CBO Just Dropped a $4 Trillion Truth Bomb on the Dems’ Anti-Trump Tariffs Rhetoric
Matt Margolis
~4 minutes

Ever since Trump’s first term, the political and media establishment told us that his trade policies were reckless, destructive, and doomed to wreck the U.S. economy. Every so-called expert on cable TV preached that they would crush American consumers, tank the stock market, and send our economy into a spiral.

We’re still waiting for that to happen.

Here we are in Aug. 2025, and the Congressional Budget Office just dropped a bombshell that completely shatters the left’s narrative against Trump’s tariff strategy.

    As of August 19, we estimate that the effective tariff rate for goods imported into the United States has increased by about 18 percentage points when measured against 2024 trade flows. We project that increases in tariffs implemented during the period from January 6, 2025, to August 19 will decrease primary deficits (which exclude net outlays for interest) by $3.3 trillion if the higher tariffs persist for the 2025‒2035 period. By reducing the need for federal borrowing, those tariff collections will also reduce federal outlays for interest by an additional $0.7 trillion. As a result, the changes in tariffs will reduce total deficits by $4.0 trillion altogether.

That’s no rounding error.

The numbers are simply eye-popping, and they tell the story that the media doesn’t want you to know.

more
https://pjmedia.com/matt-margolis/2025/08/23/the-cbo-just-dropped-a-4-trillion-truth-bomb-on-the-dems-anti-trump-tariffs-rhetoric-n4942971

[Weird Tolkienish Figure]

Meanwhile for most people's bottom lines, the Biden years are just continuing.

[DB]

Bad analysis. It assumes a static world over the next 10 years. People will adapt and tariff revenue will drop as they avoid those things.

And the simple truth is, income taxes weren't reduced so adding tariffs only takes a bigger bite out of everyone's wallets.

Government gets more short-term revenue removing more money from the private sector. That only reduces business activity as government consumes more their work.

[LMAO]

Meanwhile for most people's bottom lines, the Biden years are just continuing.

Never did  I think I would ever see the day that, of all people, conservatives would celebrate the government getting richer while average Americans see their paychecks stretched more and more due to Trump’s tariffs fueling inflation while  their home values go down if they can sell them and harder to find jobs.

But I guess we have to celebrate the government getting richer.

[jmyrlefuller]

Bad analysis. It assumes a static world over the next 10 years. People will adapt and tariff revenue will drop as they avoid those things.

And the simple truth is, income taxes weren't reduced so adding tariffs only takes a bigger bite out of everyone's wallets.

Government gets more short-term revenue removing more money from the private sector. That only reduces business activity as government consumes more their work.

There are tens of trillions of dollars in the money supply that are borrowed, that don't technically exist. Eventually that has to be paid back.

[Smokin Joe]

Meanwhile for most people's bottom lines, the Biden years are just continuing.

Filled up today for $2.65 9/10 per gallon, 87 octane gasoline. Not the Biden years...

[DB]

There are tens of trillions of dollars in the money supply that are borrowed, that don't technically exist. Eventually that has to be paid back.

Not really. They just devalue the dollar screwing over everyone who saved.

[Weird Tolkienish Figure]

Filled up today for $2.65 9/10 per gallon, 87 octane gasoline. Not the Biden years...

Here it's back over $3.