The ‘Triple B’ Plan

Gillian Tett: “When Republican congressmen first crafted their so-called ‘One Big Beautiful Bill Act’, some of President Donald Trump’s advisers dubbed it the ‘Triple B’ plan in internal meetings for brevity, or so I am told.”

“Future historians might well chuckle at the irony — and/or Trump’s lack of self-awareness. ‘Triple B’, after all, is also the tag that credit ratings groups use to designate the lower threshold of investment grade assets, before they become ‘junk’, with rising default risk.”