Moran introduces TRUST Act targeting national debt through new tariff revenue fund

U.S. Rep. Nathaniel Moran representing Texas%27 1st Congressional District - Official U.S. House headshot
U.S. Rep. Nathaniel Moran representing Texas%27 1st Congressional District - Official U.S. House headshot
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Congressman Nathaniel Moran of Texas’s 1st District has introduced the Tariff Revenue Used to Secure Tomorrow (TRUST) Act, a bill designed to direct tariff revenue toward reducing the national debt. The legislation was brought forward on September 4, 2025.

Under the TRUST Act, starting in Fiscal Year 2026, any tariff revenue collected above Fiscal Year 2025 levels would be placed into a new Tariff Trust Fund. These funds could only be used for deficit reduction during years when the federal government is running a budget deficit.

“At more than $37 trillion, America’s debt is an unsustainable burden—driving up costs, undermining our strength, and mortgaging away the future of our children and grandchildren,” said Congressman Moran. “The TRUST Act offers a clear solution: to the extent that tariffs lead to higher revenues, we need to secure that tariff revenue, direct it only to deficit reduction, and chart an intentional course to restore fiscal discipline and protect the future of our nation. Complacency is no longer an option. We must act with urgency and begin to bring down our national debt immediately.”

The main elements of the bill include establishing the Tariff Trust Fund at the U.S. Treasury, requiring that any excess tariff revenue over FY2025 levels be deposited into this fund in years with a federal budget deficit beginning in FY2026, restricting use of those funds solely for deficit reduction, and setting an effective date of October 1, 2025.

Moran has represented Texas’s 1st Congressional District since 2023 after replacing Louie Gohmert. He secured his seat by defeating Jrmar Jefferson in the 2022 general election with over 78 percent of the vote.



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