⚠️The US debt crisis is set to get even worse

The US budget deficit could hit as much as ~8.0% under the new bill

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Under the The One Big Beautiful Bill Act, annual deficits would average around 7% of GDP over the next decade, according to CRFB estimates. That’s more than twice Treasury Secretary Scott Bessent’s fiscal target of 3% of GDP

If these measures are made permanent, deficits could climb to as much as 8% of GDP by the end of the budget window.

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To put this into perspective, in the Great Financial Crisis, the budget deficit reached 9.8%.

Furthermore, national debt is forecasted to reach $40 TRILLION as early as this year with the Big Beautiful Bill passing, according to Kalshi.

This is a debt crisis and nothing stops this train.

I recommend going through the below US debt analysis to learn about the consequences of the crisis, if you have not yet, which consists of 44 pages of extremely important content, including charts.

How dangerous the US debt crisis has become? Part 1/2

The US government is spending as if the economy is in a recession. What are the consequences for ordinary people, taxpayers, savers, and investors?

globalmarketsinvestor.beehiiv.com/p/how-dangerous-the-us-debt-crisis

🚨Is the United States going to default on its public debt?

What is a Mar-a-Lago Accord and how it could reshape the global financial system?

globalmarketsinvestor.beehiiv.com/p/is-the-united-states-going-to-default-on-its-public-debt

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