"I've been saying that I think we can take in $300 billion — and as the Treasury Secretary, I like to be conservative, but there's a chance that I am going to have to substantially upgrade that number..."

Treasury Secretary Scott Bessent on tariff revenue:

By News on the Net -- Rapid Response 47——Bio and Archives--August 14, 2025

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.@SecScottBessent on tariff revenue: "I've been saying that I think we can take in $300 billion — and as the Treasury Secretary, I like to be conservative, but there's a chance that I am going to have to substantially upgrade that number... Every $300 billion is 1% of GDP." pic.twitter.com/YEWANeENLN
— Rapid Response 47 (@RapidResponse47)August 14, 2025

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