Business & Economy2 stories

Economic and Fiscal Changes in the US

US debt reaches $37 trillion; Trump signs comprehensive tax and spending legislation into law.

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US debt is now $37trn – should we be worried?

Analysis: The recent passage of the Big Beautiful Budget Bill by Donald Trump raises concerns about the sustainability of the US national debt, now at **$37 trillion**. As borrowing increases, questions arise about the limits of global lending to the US.

Capital Business•1mo ago

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Trump signs sweeping tax and spending bill into law

Analysis: US President Donald Trump has signed a sweeping tax and spending bill into law on July 5, which includes significant tax cuts and increased defense spending.