Live updates: Congress passes Trumps big, beautiful bill
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This bill is a fiscal disaster, adding $3 trillion to the debt over a decade while also slashing social programs like Medicaid. In a high-inflation, high-interest-rate economy, this reckless spending ignores soaring debt interest costs. Unpopular among voters and even some Republicans, the bill sets a dangerous baseline that could force painful concessions and deepen America's fiscal crisis.
There is a 50% chance that the U.S. national debt will reach $50 trillion by November 2029, according to the Metaculus prediction community.