US debt set to soar above Italy and Greece after Trumps big, beautiful bill

While the European countries have brought their spending under control, the US presidents tax cuts and defence spending will lead to increased borrowingDonald Trump is on course to push US debt levels above those of Italy and Greece by the end of the decade after wide-ranging tax cuts and increased defence spending, according to International Monetary Fund (IMF) forecasts.Illustrating the rising debt levels in Washington and efforts made by Rome and Athens to bring spending under control after t...