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Bessent says tariff revenue will go to national debt before rebate checks

3 24
21.08.2025

Treasury Secretary Scott Bessent said the Trump administration was “laser focused” on paying down the national debt with tariff revenue, dismissing the idea of rebate check disbursement within the next few months.

"I've been saying that tariff revenue could be $300 billion this year. I'm going to have to revise that up substantially," Bessent said during a Tuesday appearance on CNBC's “Squawk........

© The Hill