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Friday, January 9, 2026

Trump’s $4 trillion deficit bomb

Trump’s $4 trillion deficit bomb

By Zachary Basu, Axios 

President Trump yesterday declared himself the biggest “fiscal hawk” in Washington.

  • He then spent the next hour urging Republicans to unite behind the most budget-busting legislation in modern U.S. history.

Why it matters: Trump’s “big, beautiful bill” is projected to add trillions to the deficit over the next decade — rattling conservatives who have long warned that the U.S. is barreling toward fiscal catastrophe.

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