Trump will get ‘punched in the face’ by markets if his spending bill passes without a plan for national debt and tariffs, says Wharton professor

fortune.com/2025/05/27/trump-national-debt-fears-wharton-tax-cuts-big-beautiful-bill

Donald Trump’s sweeping tax reform bill, pitched as a boost to economic growth and middle-class income, promises major tax cuts and incentives but is raising alarms among economists who warn it could significantly worsen the national debt. While the administration touts growth and deficit…

This story appeared on fortune.com, 2025-05-27 08:03:00.
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