Politics
May 31, 2025
Baby boom, baby bust and the ‘Big Beautiful Bill’
As the Senate takes up the “One Big Beautiful Bill” (Donald Trump’s name for it) passed by the House last week, there’s finally some discussion of the national debt. That’s because the bill is estimated to add $3.8 trillion over the next decade to the current debt: $37 trillion, or more than 120% of U.S. GDP.
