Part 10: Debt Hike Risks Nevada’s Future

In our 20-part series, Trump’s Big Beautiful Bill: Nevada’s Wins and Losses, we face a fiscal storm. The “One Big Beautiful Bill Act” (Sec. 4001) raises the debt ceiling by $5 trillion, adding $3.3–$4.1 trillion to the deficit by 2034. Nevada’s 1.4 million taxpayers could face future tax hikes.

Reno retailer Tom, squeezed by 2024’s 3% inflation, dreads new levies. The CBO warns of economic strain, unlike 2017’s balanced cuts. The bill funds border walls and tax cuts, but Nevada’s tourism, 25% of GDP, is sensitive to federal spending.

Nevada’s resilience weathered recessions. As debt mounts, ponder: Can we demand fiscal sanity, or will our children pay the price?

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