Congress must enact Trump's tariffs now to steer the U.S. away from a massive revenue cliff

Core Viewpoint - Congress must enact Trump's tariffs to prevent a significant decline in federal revenue, with a decision deadline of less than 150 days [1] Group 1: Tariff Implications - The U.S. Supreme Court ruling on Trump's "liberation day" tariffs could potentially increase America's debt by $2.4 trillion, according to the Committee for a Responsible Federal Budget [1] - The ruling determined that President Trump exceeded his authority under the International Emergency Economic Powers Act of 1977 (IEEPA) when imposing tariffs [1] - Two of Trump's IEEPA orders are responsible for a substantial portion of recent federal tariff revenues, and losing these revenue streams would negatively impact the federal budget [1]