Trump gets major win now - but it comes with risks down the road
Published: 7/3/2025

Trump secures a major legislative win with a sprawling spending package that includes key parts of his agenda. The bill includes $150bn for border security, $150bn for military expenses, and over $4.5tn in tax cuts over 10 years. However, concerns arise as critics warn that the bill could add over $3tn to US debt and lead to a fiscal reckoning, with some Republicans criticizing cuts to Medicaid and concerns about the growing burden of debt on the federal government.