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In reply to the discussion: Sen. Josh Hawley introduces bill to send tariff rebate checks to Americans [View all]cadoman
(1,617 posts)I hadn't considered the possibility but it can't be ruled out based on inflation essentially flat-lining.
I would hope that if any Congress members suspected revenue was being fudged that they would draw up impeachment charges...
I figured something that some on here are gonna find repugnant: that the modest tariffs tRump has TACO'd into are going to have a modest price impact and create modest revenue. If the treasury is reporting customs revenue accurately, it is totaling hundreds of billions so far. If they send out checks before 2028 we need to be ready to respond to that policy and perhaps even embrace it.
https://www.fiscal.treasury.gov/reports-statements/mts/current.html
Recall that economists predicted bigtime inflation from the earlier China tariffs and it never materialized. The new deals are also allowing us access to markets that were previously blocked through the tariff policy of other countries. I think hostility to Krasnov is clouding some folks judgements of his actions, and running us into policy canyons. We need to be able to separate the policy from the person.
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