As Of Q1 2025, GDP Growth Equalled Gov’t Debt (Unfortunately, Big Beautiful Bill Doesn’t Cut Enough Spending)
by confoundedinterest17 Finally, US government debt growth (YoY) was approximately equal to US nominal GDP growth in Q1 2025. Unfortunately, the BBB (Big Beautiful Bill) is projected to add $3.9 trillion of debt. Unfortunately, there are insufficient spending cuts in the BBB. And the Senate just nixed kicking illegal imm*grants off of Federal healthcare programs. Unfortunately, GDP …