<p>Paul Tudor Jones discussed the U.S. debt issue in an interview with Bloomberg, proposing a solution called the "Too Big to Fail Act." He believes the president should work with the Federal Reserve Chairman to reduce the deficit through spending cuts and interest rate reductions. He pointed out that the market will eventually face a debt crisis, and the government needs to balance the deficit. Tudor emphasized that historically, the way to get rid of debt has been to lower real interest rates and resolve debt through economic growth</p>

- Paul Tudor Jones discusses the looming issues surrounding U.S. debt, suggesting that a "big beastly bill" may be necessary to balance the budget, which could involve tax increases and spending cuts.  
- He emphasizes the need for collaboration between the President and the Federal Reserve to lower interest rates and reduce the deficit, while also highlighting the potential for a significant economic downturn.  
- Jones warns that the current fiscal policies are unsustainable and that the market will eventually force a reckoning, impacting both the bond and stock markets.

Macro guru Tudor gives advice, will the "big and tragic" bill really come?