US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’

The GuardianMonday, October 27, 2025 at 1:42:05 PM
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US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’
The US is projected to surpass Italy and Greece in debt levels by the end of the decade, largely due to President Donald Trump's significant tax cuts and increased defense spending. This trend raises concerns about the sustainability of US fiscal policy, especially as European nations have managed to control their spending. The implications of this growing debt could affect the US economy and its global standing, making it a critical issue for policymakers and citizens alike.
— Curated by the World Pulse Now AI Editorial System

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