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Axios
Axios

CBO slashes tariff deficit forecast, complicating Trump's $2,000 checks

President Trump's tariffs will cut deficits by $3 trillion over the next decade, $1 trillion less than previously forecast, the Congressional Budget Office said Thursday.

Why it matters: Taking a trillion dollars in deficit reduction off the table may complicate the math around Trump's $2,000 tariff dividend checks — already unpopular with Senate Republicans who want to prioritize the deficit.


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