‘Work of fiction’: Will Trump bury US in debt? Even Musk is concerned
Donald Trump's 'One Big Beautiful Bill' faces skepticism from Republican senators, international investors, and even Elon Musk, due to concerns about escalating US debt. Despite White House assurances of economic growth, critics highlight rising debt levels following Trump's 2017 tax reductions. Experts warn that increased debt could sustain elevated interest rates, hindering economic expansion and burdening future policymakers.
Donald Trump's 'One Big Beautiful Bill' faces skepticism from Republican senators, international investors, and even Elon Musk, due to concerns about escalating US debt. Despite White House assurances of economic growth, critics highlight rising debt levels following Trump's 2017 tax reductions. Experts warn that increased debt could sustain elevated interest rates, hindering economic expansion and burdening future policymakers.
