🇺🇸 The US national debt will continue to rise despite increased tax revenues

The US has collected over $200 billion in new tariffs in 2025 from tariffs imposed by President Trump. Of this, approximately $12 billion is used to support farmers affected by the US-China trade war. President Trump also proposed a “tariff dividend” of $2,000 for eligible Americans, funded from tariff revenue, but this proposal has not yet been guaranteed and requires Congressional approval.

Additionally, US Treasury Secretary Scott Bessent said that American workers could receive a large tax refund ranging from $1,000 to $2,000 per household in Q1 2026. This is due to tax cuts enacted under the One Big Beautiful Bill Act passed in July 2025, while many people have not yet adjusted their tax deductions, leading to unexpected refunds that could boost short-term spending.

The Big Beautiful Bill also entails significant government spending and budget deficits from 2026 onward. The law includes large-scale tax cuts while increasing spending on defense, border security, and several federal programs. It is estimated that the law will add approximately $3.4 trillion to US national debt over the next 10 years, excluding interest payments. The debt ceiling has also been raised by about $5 trillion, allowing the government to borrow more to implement these policies.#BTCTechnicalRecoveryAfterBreakdown