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AllSides - Balanced News
AllSides - Balanced News
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GOP fears Trump’s ‘big, beautiful bill’ is ‘debt bomb’

The fiscal impact of President Trump’s “big, beautiful bill,” which one prominent budget hawk called a “debt bomb,” is becoming a significant political concern among Republican lawmakers who have made little progress toward offsetting the $3 trillion projected cost of the legislation. Some GOP senators fear that the bill’s failure to rein in federal spending in a substantial way over the next decade is fueling jitters in the bond market, where soft demand for U.S. debt has...
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