Tariffs will bring in $300 billion to $400 billion a year, which would help to pay a fraction of the interest payments of more than $1 trillion in 2025.
Economists may be hopeful that the Treasury would make some New (fiscal) Year’s resolutions: Perhaps either scaling back its borrowing, and the additional interest rates on that debt as a result, or drumming up some meaningful revenue to offset the c... [3965 chars]