The Joint Committee on Taxation estimates taxpayers are projected to receive around $188 billion in reduced tax liability for 2025 from the OBBBA, while Trump's tariffs are expected to collect $195 billion in new tariff revenue in 2025.

reported by one outlet so far · Reported fact · first recorded Jul 9, 12:46 PM

How each outlet reported it

rawstory.comUnrated · Jul 9, 12:46 PM

Joint Committee on Taxation estimates taxpayers are projected to receive around $188 billion in reduced tax liability for 2025 from Trump's OBBBA

Cites: Joint Committee on Taxation · Details: $188 billion; 2025

rawstory.comUnrated · Jul 9, 12:46 PM

Trump's tariffs are expected to have collected $195 billion in new tariff revenue in 2025

Details: $195 billion; 2025