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WOW: Bessent reveals U.S. has already pulled in over $100 billion from tariffs on other countries just over the past few months. This is huge. Staggering numbers from Treasury Secretary Scott Bessent at Trump’s cabinet meeting today. He laid out just how much tariff revenue has come in so...

121,530 görüntüleme • 11 ay önce •via X (Twitter)

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Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

The Vigilant Fox 🦊

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