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US Business body reacts to Donald Trump's "beautiful" bill

World Business Report

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Tax Cuts and Economic Uncertainty

This chapter examines the proposed tax cuts aimed at benefiting small businesses and stimulating economic growth through increased consumer spending. It also addresses concerns over rising national debt and the implications of government spending on the economy, particularly focusing on the bond market's reaction. Experts provide insights into the potential long-term challenges posed by escalating interest rates tied to growing government debt levels.

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