
Debt Bomb Ticking: Congressman Sounds Alarm on Trillion-Dollar Tax Cut
House Republicans pass a sweeping tax cut package, adding trillions to the national debt. The bill, championed by President Trump, has sparked immediate controversy. Rep. Thomas Massie (R-KY) delivered a powerful speech on the House floor, warning that the bill is a \"debt bomb ticking.\" \"We're not rearranging deck chairs on the Titanic tonight,\" he stated, emphasizing the bill's long-term fiscal implications. The nonpartisan Congressional Budget Office projects the bill will increase the US debt by \$3.8 trillion. Massie's concerns highlight the potential for long-term economic instability. Despite the criticism, the bill passed early Thursday morning. The debate underscores the deep divisions within the US government on fiscal policy and the long-term consequences of the current approach.