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.

• The new budget bill could add at least an additional **$3 trillion** to the national debt.
• Investor skepticism is reflected in the weaker value of the dollar and increasing interest rates for US loans.
• Concerns have been voiced by notable figures such as hedge fund billionaire Ray Dalio, warning that without significant changes, the US will soon face **$10 trillion** annually in loan and interest repayments.

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.

• The bill passed Congress by a narrow margin of 218 to 214, with only two Republicans opposing it.
• The legislation features an 870-page package including extensions to 2017 tax cuts, steep cuts to Medicaid, and a $150 billion budget increase for defense.
• Polling shows only 29% of the public supports the bill, amid concerns it mainly benefits higher-income Americans.