Well, howdy there, Internet people, it's bell again.

So today, we're going to talk about Trump saving $4 trillion, kind of.

The Congressional Budget Office has released some numbers about Trump's terrorists,

and it's important to go over what they mean, not just in the economic sense,

but what they mean for you, because you probably want to get ready for it.

First, a question to start us off. So, I'm just wondering if you plan on covering Trump's

tariffs eliminating $4 trillion in debt by 2035. I know you don't covering Trump's tariffs eliminating $4 trillion in debt by 2035.

I know you don't believe Trump, but these numbers come from the Congressional Budget Office,

which is a source you cite. You didn't seem to think they'd work, but it sure looks like

they're going to bring in money. Have any thoughts on this? Sure.

First, debt and deficit aren't the same thing. The debt is the credit card balance. The deficit

is how much you're charging extra each year. The U.S. debt is expected to reach $53 trillion by 2035, not go down from its current level

of $37 trillion. Second, the CBO projection said tariff revenue would reduce the deficit by $3.3.3 trillion,

which is less than the projected $3.3 trillion, which is less than the projected 3.4 trillion increase from his

one big beautiful for billionaires budget. So, he's still in the red there. But you can give him

the $700 billion that could be saved by interest payments. That's why headlines say $4 trillion.

Now, I never said that tariffs won't raise revenue.

I said they can't raise revenue while bringing jobs back.

And also, you're going to pay for it.

Tariffs charge the importer for goods coming in. If production switched to the U.S.

to create jobs, it wouldn't generate revenue. The CBO projection is based on the idea that

jobs aren't coming back. If jobs come back, the revenue would fall. But let's just use your $4 trillion number for the next part.

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