It’s getting insulting how much they’re talking about this. Everyone can read the budgets they’re proposing, they increase deficits
Reposted from
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US Commerce Secretary Lutnick: The goal is to balance the budget.
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(but by now you have to think they are talking about a stream down their pant leg, amirite!)
What’s not to love?
they have "committed" to offsetting this with ~1.2 trillion in cuts
tariffs cannot possibly raise 3.3 trillion dollars on a strictly mathematical basis, there are not enough imports to make it work
https://en.wikipedia.org/wiki/McKinley_Tariff#Background
Maybe that's just a bargaining position and he'll end up settling for lower tariffs, but I wouldn't put it past him either way