”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.
Bessent also hinted that the payout might not look like a traditional check at all.
“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…