Republican tax bill would add $3.7 trillion to the national deficitPosted By Rod Kaufman |
"Stocks sold off on Wednesday, pressured by a sharp spike higher in Treasury yields as traders grew worried that a new U.S. budget bill could put even more stress on the country’s already large deficit."
“Now it seems as if there is a greater chance that the tax bill will pass, and that could end up simply continuing to raise the overall debt level,"
"Treasury yields had spiked last month as worries over President Donald Trump’s tariffs dented confidence in the safe haven status of U.S. debt."
https://www.cnbc.com/2025/05/20/stock-market-today-live-updates.html
Those GOP MAGA conservatives on the hill sure are doing a bangup job on the economy, now aren't they?...
“Now it seems as if there is a greater chance that the tax bill will pass, and that could end up simply continuing to raise the overall debt level,"
"Treasury yields had spiked last month as worries over President Donald Trump’s tariffs dented confidence in the safe haven status of U.S. debt."
https://www.cnbc.com/2025/05/20/stock-market-today-live-updates.html
Those GOP MAGA conservatives on the hill sure are doing a bangup job on the economy, now aren't they?...