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Title: The 'Big, Beautiful Bill' Will "Massively" Increase Near-Term Deficits, Add $5 Trillion In Debt
Source: [None]
URL Source: https://www.zerohedge.com/economics ... -deficits-add-5-trillilon-debt
Published: May 21, 2025
Author: Tyler Durden
Post Date: 2025-05-21 03:43:44 by Horse
Keywords: None
Views: 54

"...there appears to be no serious effort at reining in historically- elevated deficits which remain on track to exceed over 6% of GDP in the coming years."

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Trump Allows Massive New York Offshore Wind Project To Restart After NatGas Compromise

The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state that will also see cancelled plans for a gas pipeline revived.

https://www.zerohedge.com/markets/trump-allows-massive-new-york- offshore-wind-project-restart-after-natgas-compromise

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Gold Storms Higher As Chinese Buying Returns

Onshore buying on Shanghai during the Chinese night session has triggered the comex bid as aggregate open interest increased by 3%

https://www.zerohedge.com/markets/gold-storms-higher-chinese-buying- returns

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Tulsi On Fauci's Role In Funding COVID Pandemic: "Is It Any Wonder He Sought A Preemptive Pardon?"

“Anthony Fauci helped fund the pandemic, things that he denied over and over and over to Senator Rand Paul's questioning”

https://www.zerohedge.com/political/tulsi-faucis-role-funding-covid- pandemic-it-any-wonder-he-sought-preemptive-pardon

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GOP Zeroes In On $40,000 SALT Cap

$40,000 deduction with a $500,000 cap. both the income and deduction limits escalate every year for a decade. (Donleys want billionaires to be to deduct even more in (SALT) State and Local Taxes than $40,000 because Blue State donors fund their party)

https://www.zerohedge.com/political/im-still-no-battle-over-salt- holding-big-beautiful-bill-trump-demands-progress

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Caitlin Clark, Chicago Coach Say They Did Not Hear Alleged Racial Slurs Hurled at Angel Reese at Sky-Fever Game Being Investigated by WNBA

https://www.thegatewaypundit.com/2025/05/caitlin-clark-chicago-coach- say-they-did-not/

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