Congressional Budget Office Report August 22, 2025

"We project that increases in tariffs implemented during the period from January 6, 2025, to August 19, 2025 will decrease primary deficits (which exclude net outlays for interest) by $3.3 trillion if the higher tariffs persist for the 2025‒2035 period," Phillip Swagel, CBO’s director wrote."By reducing the need for federal borrowing, those tariff collections will also reduce federal outlays for interest by an additional $0.7 trillion. As a result, the changes in tariffs will reduce total deficits by $4.0 trillion altogether."

Uh oh dems are now even further stumped and without the ability to create their own plan 🤪😛😜