Big Beautiful Bill Passed (Narrowly): What's Next?

Shane Oliver, AMP Capital

23-May-25 07:00

Big Beautiful Bill Passed (Narrowly): What's Next?

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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,

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