#USNationalDebt The U.S. national debt significantly exceeds the debt-to-GDP ratio recorded during World War II.

Current projections suggest that without significant changes, this ratio could reach 124% of GDP by 2034.

The proposed "Big Beautiful Bill" plays a significant role in this trend. Although it promises spending cuts, the Congressional Budget Office (CBO) estimates that it would increase the deficit by $2.8 trillion to $3.4 trillion over the next decade, primarily due to extensive tax cuts and rising interest costs on existing debt.

The benefits cited by supporters of the bill are associated with potential economic growth and the return of jobs to the U.S.

Some economists and politicians believe that tax cuts and deregulation will lead to prosperity that will help pay off the debt.

However, the threats are considerable. Many economists, including Nobel laureates, warn that the "Big Beautiful Bill" would deepen inequality and lead to further increases in inflation and interest rates. Concerns are also present among senators, both Republican and Democratic, who emphasize the potential of this bill to significantly increase the national debt and burden future generations.

Ensuring the fiscal stability of the U.S. remains one of the greatest challenges, and the impact of the "Big Beautiful Bill" on debt dynamics is the subject of intense debate.