CryptoTaurus
🇺🇸🏛 U.S. Budget for FY 2025 to Increase by $10 Billion – CBO
🔹 Despite all the talk about spending cuts, nothing has really changed—government expenditures will keep fueling economic growth until October. Another key factor for long-term optimism.
🔹 CBO doesn’t expect revenue growth from tariffs or excise taxes, nor any signs that tariffs could replace personal income taxes.
🔹 This contradicts Trump’s rhetoric, meaning there’s a high chance that tariffs could be fully or partially repealed by the president, courts, or Congress.
#USBudget Economy #Crypto Investing #Markets
🔹 Despite all the talk about spending cuts, nothing has really changed—government expenditures will keep fueling economic growth until October. Another key factor for long-term optimism.
🔹 CBO doesn’t expect revenue growth from tariffs or excise taxes, nor any signs that tariffs could replace personal income taxes.
🔹 This contradicts Trump’s rhetoric, meaning there’s a high chance that tariffs could be fully or partially repealed by the president, courts, or Congress.
#USBudget Economy #Crypto Investing #Markets