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Larry Summers slams Trump's Big Beautiful Bill for its impact on the US debt and deficit
Larry Summers said the bill likely would not make the economy stronger, and flagged concerned over the amount it would add to the US debt.
Trump’s ‘Big Beautiful Bill’ May Not Be The Deficit Disaster Critics Claim — Here’s Why
The One Big Beautiful Bill to advance President Donald Trump’s agenda may not have the devastating impact on the national deficit that some critics claim. The Congressional Budget Office (CBO), tasked with providing “objective,
Donald Trump's "big, beautiful bill" suffers legal blow
Planned Parenthood filed a lawsuit against the Trump admin, challenging a provision in the president's domestic policy legislation.
Larry Summers Torches Donald Trump’s Bill With 2 Damning Questions
Former U.S. Treasury Secretary Larry Summers on Sunday cut to the heart of Donald Trump’s so-called “Big, Beautiful Bill” with two withering questions. Summers first told ABC News’ “This Week” anchor George Stephanopoulos that he’s “never been as embarrassed for my country on July 4th.
Larry Summers Blasts Donald Trump’s ‘Shameful’ Big Beautiful Bill
Larry Summers isn’t a fan of President Trump’s “One Big, Beautiful Bill.” The former treasury secretary, who was appointed by former President Bill Clinton, told ABC News’ This Week that he has “never been as embarrassed for my country on July 4th” after Trump signed the sweeping legislation into law on Friday.
State leaders look to mitigate impact of Trump’s ‘Big Beautiful Bill’
President Trump’s “Big Beautiful Bill’ is now law and states like Connecticut are coming up with ways to fill in the gaps where the bill makes cuts.
Trump’s First Six Months Have Been One Big Beautiful Bill
President Trump has had a phenomenal run of successes, culminating in the signing of the One Big Beautiful Bill on July 4th — 249 years after the signing of the Declaration of Independence. And let’s not forget what happened in this run-up.
‘Big Short’ Trader Steve Eisman: 10-year yield is evidence budget deficit size doesn't matter
Steve Eisman, Host of 'The Real Eisman Playbook', joins 'Fast Money' to discuss why he believes worry over the size of the ...
Why some economists say the deficit increase in Trump’s bill is dangerous
The CBO says it would add $3.4 trillion to the deficit over the next decade. For decades, fiscal hawks have warned about the ...
The Daily Hodl3d
Billionaire Ray Dalio Warns ‘Painful Disruptions’ Incoming as US National Debt Set To Shatter $425,000 per Household
Bridgewater Associates founder Ray Dalio is warning of severe economic and financial consequences after US President Trump's ...
Trump's mega-bill heads for final vote in overnight US House session
Backbenchers in the president's party stalled the legislation while objecting to welfare cuts and the impact on US national ...
Malay Mail4d
Global markets brush off deficit woes as Trump budget passes, US jobs impress
Wall Street stock indices finished at fresh records yesterday following solid US jobs data as President Donald Trump’s ...
EconoTimes4d
Gold Prices Rebound Amid US Deficit Concerns and Tariff Uncertainty
Gold prices edged higher in Asian trading on Friday, rebounding from sharp losses in the previous session, as concerns over ...
US Dollar: Will Trump’s Budget Deficit Plan Accelerate Greenback’s Downtrend?
Trump’s aggressive rhetoric toward Iran and renewed trade tensions with Canada over the digital services tax are also dampening global risk appetite and reducing demand for the dollar. Although Canada ...
'A lot of pain': UConn preps for budget cuts and other changes amid $100 million deficit
UConn will be increasing enrollment, reducing expenses and reallocating resources to deal with the 2026 budget deficit.
US fiscal folly could create big, beautiful debt spiral
The U.S. tax and spending bill passed on July 3 is expected to add more than $3 trillion to the country’s deficit over the ...