Committee for a Responsible Federal Budget, a bipartisan group that has criticized the Trump administration and its predecessors for not doing more to address national deficits, reported that the monthly tariff revenue in July jumped to $25 billion, up from $7 billion a year ago.
Bipartisan analysis shows Trump tariffs have generated billions in new revenue
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According to an analysis by the Committee for a Responsible Federal Budget, the law “adds $4.1 trillion to the debt through 2034” and “$5.5 trillion if made permanent.”
Selling the 'big, beautiful bill' to voters
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