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Billionaire Investor Warns of U.S. Debt Crisis Following Trump-Era Tax Bill Passage
Billionaire Investor Warns of U.S. Debt Crisis Following Trump-Era Tax Bill Passage
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Chamath Palihapitiya, the billionaire investor and outspoken market commentator, has issued a stark warning about the U.S. economy’s trajectory following the passage of The One, Big, Beautiful Bill. The legislation, which locks in Trump-era tax cuts and introduces new growth initiatives, has drawn criticism for its potential to exacerbate the national debt crisis.
Palihapitiya’s remarks on the All-In Podcast highlighted concerns over rising Treasury yields and the risk of a credit downgrade. The bill’s short-term economic stimulus may come at the cost of long-term fiscal stability, he argued, describing it as a hastily crafted measure with potentially dire consequences.
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