Tariffs Reduce Real U.S. Purchasing Power, Says CBO
Tariffs Reduce Real U.S. Purchasing Power, Says CBO đď¸ Introduction: A Shrinking Wallet Effect In its latest 2025 economic outlook, the Congressional Budget Office (CBO) warns that the new wave of tariffs is eroding U.S. household purchasing power at an accelerating pace. By driving up prices for both imported goods and domestically produced substitutes, tariffs … Read more