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The Republicans’ $3 Trillion Vanishing Act

The Republicans’ $3 Trillion Vanishing Act

The Daily vor 1 Jahr

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27:10

With a tiebreaking vote from Vice President JD Vance, the Senate
has adopted President Trump’s giant domestic policy bill, which
now heads back to the House for a final vote.

The legislation is defined by the staggering amount of debt it
will create: more than $3 trillion.

Andrew Duehren, who covers tax policy, and Colby Smith, who
covers the economy, talk about how Republicans have rewritten the
rules to make that debt vanish, and why the world is less and
less convinced that the United States can handle its debts.

Guest:

Andrew Duehren, who writes about tax policy
for The New York Times from Washington.

Colby Smith, a New York Times reporter
covering the Federal Reserve and the U.S. economy.

Background reading:

The Senate bill would add at least $3.3 trillion to the
national debt, the budget office says.

The bill puts the nation on a new, more perilous fiscal path.

For more information on today’s episode,
visit nytimes.com/thedaily. Transcripts of
each episode will be made available by the next workday.

Photo: Ken Cedeno/Reuters

For more information on today’s episode, visit
nytimes.com/thedaily. Transcripts of each
episode will be made available by the next workday.

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