Congress·In Committee·H.R. 5153

Tariff Revenue for Deficit Reduction

TRUST Act

⏸

Stalled

No legislative action in over 90 days.

Legislative Progress

House

Senate

President

Law

Rep. Moran introduced a bill called the TRUST Act to create a special savings account for the government called the Tariff Trust Fund. This fund would be used only to help pay off the national debt.
Starting in October 2025, if the country has a budget deficit, any extra money the government collects from tariffs—which are taxes on goods brought in from other countries—would be put into this fund.
The bill specifically targets tariff money that is higher than the amount collected in 2025. This means if the government raises tariffs or imports increase, that "new" money goes toward the debt instead of being spent on new programs.
This plan aims to make sure that when the government collects more money from trade taxes, it uses that cash to improve the country's financial health by lowering the total amount of money the U.S. owes.

2 milestones2 actions

Sep 4, 2025House

Referred to the House Committee on Ways and Means.

Sep 4, 2025

Introduced in House

Document Type

Congressional Bill

Official Title

TRUST Act

Bill NumberHR 5153

Congress119th Congress

ChamberHouse of Representatives

Latest ActionReferred to the House Committee on Ways and Means.

Congress.gov

Official legislative information

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