#cbo-projections

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US politics
fromFortune
5 days ago

Trump's retreats on tariffs have already wiped out $800 billion of expected deficit reduction, CBO estimates | Fortune

Tariff rollbacks erased roughly $800 billion in expected deficit reduction over the next decade.
US politics
fromFortune
2 months ago

CBO slashes economic growth forecast for 2025 as Trump tariffs heat up inflation | Fortune

Tariffs, immigration crackdowns, and sweeping tax and spending measures are projected to raise unemployment and inflation and reduce near-term U.S. economic growth.
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