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Neal Statement on CBO's Analysis of Trump's Tariff Scheme
December 18, 2024
WASHINGTON, Dec. 18 -- Rep. Richard E. Neal, D-Massachusetts, issued the following news release:

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement after the Congressional Budget Office (CBO) analyzed the economic effects of tariffs discussed by the President-elect:

"Today's CBO report shows that Trump's economic plan would lower economic growth and raise prices as our output declines, exports shrink, and other . . .

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