Tariff Rebates Face Budget Scrutiny

Budget experts scrutinize new tariff rebate proposal, suggesting it could increase national debt. Erica York, of the Tax Foundation, calculates that even with conservative estimates, the numbers dont add up. The White House suggests the plan might not involve direct checks, but rather tax cuts already passed by Congress. Any payments would require authorization from Congress, and approval is not guaranteed. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.