We Are Borrowing Our Way to a Fiscal Reckoning

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We Are Borrowing Our Way to a Fiscal Reckoning

TL;DR

  • The One Big Beautiful Bill Act was introduced in the House one year ago.
  • President Donald Trump signed the bill into law on July 4.
  • Vice President J.D. Vance cast the tie-breaking vote in the Senate.
  • The White House claimed the bill would reduce deficits and boost economic growth.