Concerns Mount Over Fiscal Impact of Trump's 'Big, Beautiful' Bill
TL;DR Summary
The recent Republican bill in the Senate, one of the most expensive in decades, extends and introduces tax cuts that could add over $3.3 trillion to the national debt over ten years, risking a fiscal crisis and complicating future social programs like Social Security, while marking a significant shift in U.S. fiscal policy with minimal bipartisan support.
- Trump’s Big Policy Bill Puts U.S. on Perilous Fiscal Path The New York Times
- Republicans' megabill makes the same tax cut mistake they've always made MSNBC News
- Big, beautiful budgets: not just an American problem The Economist
- The Big Beautiful Bill's Math — And Market Reaction — Doesn't Quite Add Up Investor's Business Daily
- Trump's 'big, beautiful' bill set to further tarnish Treasuries' lustre overseas Reuters
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