”Could come in lots of forms”
So, just how massive would the bill be? The Committee for a Responsible Federal Budget estimates the price tag could reach $600 billion per year, far more than the government currently collects from tariffs.
Even narrowing eligibility doesn’t make the math pretty. Erica York, vice president of federal tax policy at the Tax Foundation, said that even limiting payments to households under $100,000 would still cost about $300 billion.
“Could come in lots of forms,” he said, suggesting possibilities like tax credits or benefits tied to Trump’s One Big Beautiful Bill Act. Continue reading…