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The Big, Beautiful Deficit Is On Track

Addison WigginAddison Wiggin

May 22, 2025 • 48 second read


debtdeficit

The Big, Beautiful Deficit Is On Track

The GOP’s “Big, Beautiful,” tax bill passed with a single-vote majority in the House. It now goes to the Senate, and, presumably, the President’s desk.

The bill, once law, will add about $5 trillion to the national debt, taking us over $40 trillion – and dangerously close to a 130% debt-to-GDP ratio.

How did we get here?

Turn Your Images On

It’s pretty simple how we got here: One vote at a time. While Congress has never won a popularity contest, in each district, your member of Congress has.

And over time, voters, many of whom end up paying no net taxes, get to weigh in on the government’s spending priorities.

The fact that the GOP couldn’t even codify the tens of billions in potential savings from DOGE, and had to increase the state and local tax (SALT) carveout, is a sign that the can is getting kicked down the road, even if that road ends with the country going over a cliff.

~ Addison


The “Yentervention” Kicks US Markets Into High Gear

August 4, 2026 • Addison Wiggin

The stock market is getting an unexpected boost to kick off August, bucking the historically weak summer session for the U.S. stock market.

What’s happening? The Bank of Japan and the U.S. Treasury are making a coordinated effort to support Japanese yen; a move last attempted nearly 30 years in the height of the Asian Financial contagion (1998).

The “Yentervention” Kicks US Markets Into High Gear
Stealth Correction for U.S. Stocks

August 3, 2026 • Addison Wiggin

Global opportunities aside, the US stock market’s stealthy reset of sectors outside the complex AI trade means solid U.S. companies are offering attractive entry prices, particularly in energy, rare earths and critical minerals.

Stealth Correction for U.S. Stocks
The Real AI Crisis

July 31, 2026 • Addison Wiggin

The next phase of the AI boom won’t be decided by who builds the fastest chips, but by who can keep them powered.

The Real AI Crisis
Retail Investors Get the Memo

July 30, 2026 • Addison Wiggin

Even retail investors are now increasingly skeptical of the AI space, particularly its cash flow. And rightly so…

Retail Investors Get the Memo