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With the court ruling on tariffs, does that mean the big ugly bill is also dead? [View all]
The bill relied on tariff revenue to offset the cost of the tax cuts. The ten percent global baseline tariff alone was supposed to generate between $2.3 trillion and $3.3 trillion in additional revenue over a ten-year period.
Source for tariff revenue estimate:
https://www.whitehouse.gov/articles/2025/05/fact-one-big-beautiful-bill-cuts-spending-fuels-growth/
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