Senate Republicans are banking on $2 trillion in tariff revenue to advance their tax-cut agenda. Tucked into the latest budget resolution is a provision that counts customs duties and other executive-order revenues toward deficit reduction, potentially paving the way for trillions in new tax cuts.
Henrietta Treyz, director of economic policy at Veda Partners, noted that GOP leaders see tariffs as a more politically palatable source of savings than unpopular program cuts, making them central to the party’s fiscal strategy.
This excerpt and any accompanying media (including audio, video, or images) are shared under the principles of fair use, for informational and archival purposes only. All rights remain with the original publisher.