You can’t pay debt before balancing the deficit $80 billion won’t cover $1.8 trillion
Tariffs are supposed to pay down debt and maybe fund a public dividend. President Trump claims, “We’re taking in so much money that we may very well make a dividend to the people of America.” https://finance.yahoo.com/news/trump-says-tariffs-going-enough-080300997.html Reality check: the federal deficit for FY2025 is $1.8 trillion. Tariff revenue? $80 billion. https://economicsinsider.com/us-federal-budget-2025/ That covers 4.4 percent …