this post was submitted on 05 Jul 2025
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Economics

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As Donald Trump cheered the passage of his self-styled, and officially named, Big Beautiful Budget Bill through Congress this week, long-sown seeds of doubt about the scale and sustainability of US borrowing from the rest of the world sprouted anew.

Trump's tax-cutting budget bill is expected to add at least $3 trillion (£2.2 trillion) to the US's already eye-watering $37tn (£27tn) debt pile. There is no shortage of critics of the plan, not least Trump's former ally Elon Musk, who has called it a "disgusting abomination".

The growing debt pile leaves some to wonder whether there is a limit to how much the rest of the world will lend Uncle Sam.

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[–] Bakkoda@sh.itjust.works 3 points 17 hours ago (1 children)

Except for all the military bases literally everywhere.

[–] neukenindekeuken@sh.itjust.works 1 points 13 hours ago

Which we'll see how long those last. Isolationism means isolationism though. But I bet this admin can't even do that right.