Geddry’s Newsletter

Geddry’s Newsletter

The MAGA Debt Bomb

How Trump’s “Big Beautiful Bill” Turns America’s Fiscal Crisis Into a Weapon for Authoritarian Looting

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Mary Geddry
Jun 20, 2025
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A simple myth sold Americans the idea that Republicans, particularly under Donald Trump, were the party of “fiscal responsibility.” But as Goldman Sachs just made uncomfortably clear, and as independent observers have been warning for nearly two decades, this entire narrative has collapsed under the weight of its own contradictions.

The U.S. national de…

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