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A closer look at the big, beautiful bill.
Yahoo Finance·2025-07-01 21:30

Effectively what we're doing here is we're authorizing $3.8% trillion in deficit increases without paying for it and moreover assuming that the cost is zero. And the reason that's important is mostly for the bond markets and anybody looking at our go forward debt and deficits that effectively paves the road a beautiful road for steamrolling through any further deficit increases that any party wants from from now on. So this is like sort of the end of any sort of leash on deficit increases or spending from C ...