Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain
Associated Press
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Senate Majority Leader John Thune, R-S.D., pauses in the door of his office to answer questions from reporters about his strategy to advance President Donald Trump's spending and tax bill, at the Capitol in Washington, Monday, June 2, 2025. (AP Photo/J. Scott Applewhite)Senate Majority Leader John Thune, R-S.D., speaks with reporters about his plans to advance President Donald Trump's spending and tax bill, at the Capitol in Washington, Monday, June 2, 2025. (AP Photo/J. Scott Applewhite)Speaker of the House Mike Johnson, R-La., wraps up a news conference on President Donald Trump's bill of tax breaks and spending cuts, at the Capitol in Washington, Wednesday, June 4, 2025. (AP Photo/J. Scott Applewhite)Activists with the Poor People's Campaign protest against spending reductions across Medicaid, food stamps and federal aid in President Donald Trump's spending and tax bill being worked on by Senate Republicans this week, outside the Supreme Court in Washington, Monday, June 2, 2025. (AP Photo/J. Scott Applewhite)
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Senate Majority Leader John Thune, R-S.D., pauses in the door of his office to answer questions from reporters about his strategy to advance President Donald Trump's spending and tax bill, at the Capitol in Washington, Monday, June 2, 2025. (AP Photo/J. Scott Applewhite)