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Independent, nonpartisan government watchdog fighting for taxpayers since 1995

Trump tariffs would not ‘pay off our deficit,’ as commerce secretary said

In The News

Trump tariffs would not ‘pay off our deficit,’ as commerce secretary said

Budget & Tax, In The News,  | In The News
Jul 22, 2025 | 1 min read | Print Article

This article by Louis Jacobson first appeared in PolitiFact on July 22, 2025

"I can't envision a scenario where the tariff revenues eliminate the deficit," said Steve Ellis, president of Taxpayers for Common Sense, a group that tracks the federal budget.

Read the Full Article at Politifact
Tags: In The News, tariffs

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