The Trumpified GOP’s Great Big Ugly Debt Bomb

When it comes to the Donald’s Big Beautiful Bill there is one place, and one place alone, to start the discussion. We are referring, of course, to the built-in baseline of revenues, outlays and deficits under current Federal law and policy.

Needless to say, the latest CBO baseline amounts to a five-alarm dumpster fire. If Congress does nothing about enti…