US fiscal folly could create big, beautiful debt spiral
https://www.reuters.com/markets/us/us-fiscal-folly-could-create-big-beautiful-debt-spiral-2025-07-03/
https://www.reuters.com/markets/us/us-fiscal-folly-could-create-big-beautiful-debt-spiral-2025-07-03/
Wall Street Worries as Crisis-Level Deficits Become the Government’s Default Mode
https://www.wsj.com/finance/investing/wall-street-crisis-deficits-default-mode-bf1f5940
New legislation could push federal debt into dangerous territory—without an emergency requiring it.
https://www.wsj.com/finance/investing/wall-street-crisis-deficits-default-mode-bf1f5940
New legislation could push federal debt into dangerous territory—without an emergency requiring it.
Congress just pushed the U.S. toward a debt crisis. The Fed can’t save us.
https://www.washingtonpost.com/opinions/2025/07/03/debt-crisis-congress-budget-federal-reserve/
https://www.washingtonpost.com/opinions/2025/07/03/debt-crisis-congress-budget-federal-reserve/
How Trump’s ‘Big, Beautiful Bill’ Will Make China Great Again
https://www.nytimes.com/2025/07/03/opinion/trump-bill-clean-energy-china.html
https://www.nytimes.com/2025/07/03/opinion/trump-bill-clean-energy-china.html
Trump has dropped a big, beautiful bomb on America’s economy
https://www.telegraph.co.uk/business/2025/07/03/trump-has-dropped-big-beautiful-bomb-on-americas-economy/
https://www.telegraph.co.uk/business/2025/07/03/trump-has-dropped-big-beautiful-bomb-on-americas-economy/
How Bad Is This Bill? The Answer in 10 Charts
https://www.nytimes.com/interactive/2025/07/03/opinion/domestic-policy-bill-in-charts.html
https://www.bloomberg.com/opinion/articles/2025-07-03/republicans-one-big-beautiful-bill-is-an-economy-killer
This legislation promises to become a poster child of Congress working against the country’s interests and in stubborn opposition to economists’ advice.
Magical Thinking at the CEA
https://www.theunseenandtheunsaid.com/p/magical-thinking-at-the-cea
The CEA's analysis of the OBBBA leaves much to be desired.