CNN: What's the Government Doing with all that Money?

Seymour Flops

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Trump’s tariffs are bringing in tens of billions of dollars a month. What’s the government doing with all that money? | CNN Business https://share.google/Dq1cni2YNFMdMfvvI

“We have a lot of money coming in, much more money than the country’s ever seen,” Trump said over the weekend, referring to tariff revenue.

Trump’s right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That’s a 242% jump in tariff revenue compared to last July.


Very strange to see CNN reporting a positive story about donald trump. they must have caught wind of the fact that the American voter is tired of their openly biased reporting.
Trump has floated a combination of two options: paying down the government’s multi-trillion debt and sending “tariff rebate checks” to Americans.

“The purpose of what I’m doing is primarily to pay down debt, which will happen in very large quantity,” Trump said Tuesday. “But I think there’s also a possibility that we’re taking in so much money that we may very well make a dividend to the people of America.”


Hmm.

Democrats and "not Democrats" had better come up with a plan for 2026 and 2028. They enjoy being the party out of power sometimes, but this could make them ripe for a third party to jump ahead of them and make the Democratic party the third party.
 

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