Economist Steve Hanke Backs Thomas Massie’s Criticism of Trump’s ‘One Big Beautiful Bill,’ Calls It ‘Smoke & Mirrors’ — ‘Setting a Course for the Iceberg’
Hanke backs Massie’s warning that Trump’s tax-and-spending law will swell U.S. debt, with CBO projecting $4.2T in added deficits by 2034.
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Why It Matters
A smart money expert agrees that a big new law could add lots of government debt. When government borrows too much money, it can make stocks and the economy shaky later.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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