U.S. Budget Deficit Set to Rise Again Amid Trump Tariffs and Tax Cuts
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The U.S. federal budget deficit is expected to rise again due to Trump's tariffs and tax cuts, contradicting the initial goal of reducing the deficit to 3% of GDP by the end of his second term.
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المصدر الأصلي
Last year, U.S. Treasury Secretary Scott Bessent set a target to cut the U.S. federal budget deficit to just 3% of GDP by the end of President Donald Trump’s second term. The deficit reduction was a key component of his "3-3-3" economic plan, with the other two being achieving 3% real GDP growth and increasing energy production by 3 million barrels a day by 2028. The plan relies on spending constraints, regulatory reforms, and tariff revenue to narrow the deficit. With Trump now completing the first year of his second term, energy and…
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المقال الأصلي منشور بواسطة OilPrice.com في فبراير 13, 2026. التحليل والرؤى المقدمة من AnalystMarkets AI.