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The Business Station
Big Beautiful Bill Passed (Narrowly): What's Next?
10 mins·07:00, 23 May 2025
Big Beautiful Bill Passed (Narrowly): What's Next?
10 mins
·
07:00, 23 May 2025
·
Recommended
Guest: Shane Oliver, AMP Capital
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
Presenter: Aisalli Ayub, Keith Kam, Shazana Mokhtar
Producer: Jake Lim
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