Big Beautiful Bill Passed (Narrowly): What's Next?
Shane Oliver, AMP Capital
23-May-25 07:00
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The US Congress has passed a sweeping, multi-trillion dollar tax break package, what Donald Trump calls his "one big beautiful bill", that will add an unprecedented USD5.2 trillion to the US national debt. Shane Oliver, Chief Economist at AMP Capital, breaks down the market reactions thus far including why Moody's had downgraded the US.
Image Credit: Shutterstock.com
Produced by: Jake Lim
Presented by: Aisalli Ayub, Keith Kam, Shazana Mokhtar
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Categories: markets, economy, international, government, politics
Tags: tax bill, us, national debt, trump, us congress, market reaction, moody's downgrade,
