Olivia Bridges

3 weeks ago | gazettextra.com | Olivia Bridges

WASHINGTON - The Congressional Budget Office on Wednesday said that President Donald Trump's tariffs will shrink the U.S. economy and increase inflation, but that they could reduce the deficit by as much as $3 trillion over 10 years. The CBO estimated the increase in revenue collection from tariffs would reduce the deficit by $2.5 trillion from fiscal 2025 to fiscal 2035, measured against baseline projections made in January.

3 weeks ago | thebrunswicknews.com | Olivia Bridges

WASHINGTON - The Congressional Budget Office on Wednesday said that President Donald Trump's tariffs will shrink the U.S. economy and increase inflation, but that they could reduce the deficit by as much as $3 trillion over 10 years. The CBO estimated the increase in revenue collection from tariffs would reduce the deficit by $2.5 trillion from fiscal 2025 to fiscal 2035, measured against baseline projections made in January.

3 weeks ago | mahoningmatters.com | Olivia Bridges

WASHINGTON - The Congressional Budget Office on Wednesday said that President Donald Trump’s tariffs will shrink the U.S. economy and increase inflation, but that they could reduce the deficit by as much as $3 trillion over 10 years. The CBO estimated the increase in revenue collection from tariffs would reduce the deficit by $2.5 trillion from fiscal 2025 to fiscal 2035, measured against baseline projections made in January.

3 weeks ago | dailyitem.com | Olivia Bridges

WASHINGTON — The Congressional Budget Office on Wednesday said that President Donald Trump’s tariffs will shrink the U.S. economy and increase inflation, but that they could reduce the deficit by as much as $3 trillion over 10 years. The CBO estimated the increase in revenue collection from tariffs would reduce the deficit by $2.5 trillion from fiscal 2025 to fiscal 2035, measured against baseline projections made in January.

1 month ago | rollcall.com | Olivia Bridges

Senate Republicans thwarted an effort by Democrats to pass a joint resolution that would effectively end the reciprocal and 10 percent baseline tariffs put in place by President Donald Trump in early April. Despite three GOP members voting in favor of passage, the absence of two senators left the vote on the resolution tied at 49-49. The absence of Sens.