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Saturday, February 22, 2025

Jason Smith criticizes CBO projections and supports Trump’s trade policies

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Rep. Jason T. Smith, U.S. Representative for Missouri's 8th District | Official Website

Rep. Jason T. Smith, U.S. Representative for Missouri's 8th District | Official Website

Rep. Jason Smith, a member of the U.S. Congress representing Missouri’s 8th district, shared his views on recent political and economic developments through a series of tweets. Smith, who has been serving in Congress since 2013, commented on the Congressional Budget Office's projections, President Trump's trade policies, and statements from key figures in the Biden administration.

On February 11, 2025, Rep. Jason Smith expressed skepticism about the Congressional Budget Office's accuracy in revenue projections. He stated that "The Congressional Budget Office has a track record of wildly missing the mark on its projections." He highlighted an instance from 2022 when Democrats allocated $80 billion to the IRS with expectations set by CBO for $200 billion in revenue generation.

Later that day, Smith discussed former President Trump's trade policy initiatives. At 17:27 UTC, he tweeted about Trump's proactive stance: "President Trump is wasting no time moving forward with his America First trade policy." Smith emphasized Trump's previous use of tariffs as beneficial for economic growth and job protection.

In another tweet posted at 19:24 UTC on February 11, Smith addressed claims regarding tariffs imposed during Trump's presidency. He stated that both President Biden’s Treasury Secretary and Trade Representative concurred that "Trump’s tariffs on Chinese goods did NOT increase prices for consumers."

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