Prediction Open AI assessment confidence: 95% certainty 5/5 debate potential 4/5

Bessent predicts US will collect at least $300B in tariff revenue over 12 months

Scott Bessent · Winning the AI Race Part 4: Scott Bessent, Howard Lutnick, Chris Wright, and Doug Burgum · Jul 23, 2025 · at 13:16

U.S. Treasury Secretary Scott Bessent outlines fiscal expectations and revenue projections resulting from U.S. tariffs.

0:00 / 0:08exact quote · 8.4s
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“Minimum on a forward 12 month basis, we're going to take in at least three hundred billion dollars in tariff income.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Scott Bessent

Assertion Supported
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Scott Bessent Dec 22, 2025 ▶ 48:09 Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026
Prediction Open · timeframe Jan 2029
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“And I've said that I would, by the time President Trump leaves office, that we would like to have something with a three in front of it, which will stabilize the deficit to GDP, which is an important number, and enable us to start paying down debt.”
Scott Bessent Dec 22, 2025 ▶ 2:45 Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026
Assertion Not checkable as stated
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“And the fed constant probably kept or definitely kept QE going for too long. And, you know, I called the fed the engine of inequality. And someone said to me, would you believe that the fed is responsible for economic equality in the system. And I said, absolu…”
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