Trump, deficit and bill
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The House version of the bill is calculated to add about $3.8 trillion to the federal government's $36.2 trillion in debt over the next decade, according to the Congressional Budget Office.
Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one analysis.
President Trump’s ‘big beautiful spending’ bill is giving investors pause as bond yields move higher over debt and deficit concerns. The 10-year Treasury yield topped 4.5% creating headwinds for U.S.
The major tax bill that Republicans hope to pass through the House later this week will require the federal government to borrow more heavily for the next
Financial markets are looking for more “fiscal discipline” from Washington, a top official at the Federal Reserve warned.
Bond investors see a lot to be worried about from Washington policy. That could have repercussions for taxpayers.
Investors have moved beyond concerns about tariffs—however unwise that might be—and are now focusing on potential tax cuts from Washington, D.C.
President Trump’s tax plan has sparked concern among investors, driving Treasury bond yields to a nearly two decade high amid growing worries over U.S. debt.
The Republican lawmakers' concerns underscore the potentially difficult path ahead for the sweeping domestic policy package.