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Fiscal foie gras: Big, beautiful budgets: not just an American problem
economist.com/finance-and-economics/2025/06/29/big-beautiful-budgets-not-just-an-american-problem
Big, beautiful budgets: not just an American problem
Across the rich world, governments are splashing the cash. What could go wrong?
LAST YEAR America ran a budget deficit of 7% of GDP. It may soon be even bigger. President Donald Trump’s One Big Beautiful Bill Act, now working its way…
This story appeared on economist.com, 2025-06-29 14:33:38.