Trump poised to sign major bill amid political and legal debates

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Source: ABC News - Breaking News, Latest News and Videos
Trump poised to sign major bill amid political and legal debates
Photo: ABC News - Breaking News, Latest News and Videos
TL;DR Summary

Economists warn that the significant increase in the US federal deficit due to Trump's tax and spending bill could lead to dangerous economic consequences, including higher interest rates, reduced government flexibility in crises, and potential a doom loop of rising debt and interest costs, threatening long-term economic stability.

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