His worries over the debt crisis came as House Republicans passed President Donald Trump’s so-called 'One big, beautiful bill' in May that extends tax cuts, boosts military spending, and cuts Medicaid, food aid, and clean energy.
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Bitcoin Could Replace Dollar As World’s Reserve Currency Amid Ballooning US Debt Crisis, Coinbase CEO Posits
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Brian Armstrong’s warnings about the U.S. debt crisis coincided with the passage of a Trump-backed Republican bill that expands military spending and tax cuts while slashing social programs, drawing criticism for worsening the debt outlook.
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