The Republican party's budget bill is widely expected to significantly increase US national debt over the next decade (by 2035).
"Donald Trump's Republican party is pursuing a budget bill that is widely expected to increase debt significantly over the next decade for the next 10 years."
Moody's projects the US federal deficit to widen to approximately 9% of GDP by 2035.
"Moody said that it is expected that the federal deficit is to widen to almost 9% of the GDP by 2035 because again we're in 2025. 2035 is the next 10 years. And it is saying that our deficit will roughly be about 9% of our overall GDP by 2035."
