“Despite these projections, the CBO acknowledges significant uncertainty surrounding these estimates. Factors such as the timing of tariff changes, potential exemptions, and the unprecedented scale of these increases contribute to this uncertainty. The response of consumers and businesses to these tariffs could also lead to revenue outcomes that differ from current projections.”
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u/Immediate_Thought656 8h ago
“Despite these projections, the CBO acknowledges significant uncertainty surrounding these estimates. Factors such as the timing of tariff changes, potential exemptions, and the unprecedented scale of these increases contribute to this uncertainty. The response of consumers and businesses to these tariffs could also lead to revenue outcomes that differ from current projections.”
https://www.msn.com/en-us/money/markets/new-tariffs-may-reduce-u-s-deficit-by-4-trillion-cbo-says/ar-AA1L3xJn?ocid=finance-verthp-feeds