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Why Trump’s ‘Big, Beautiful’ Tax Bill Is Worrying Bond Investors

NYTimes.com Wednesday, 21 May 2025
Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
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News video: Trump BETRAYED: 5 House Republicans DEFY ‘Big, Beautiful’ Tax Bill | Passes By SINGLE VOTE

Trump BETRAYED: 5 House Republicans DEFY ‘Big, Beautiful’ Tax Bill | Passes By SINGLE VOTE 03:03

Five House Republicans broke ranks as Trump’s key bill passed by just one vote, exposing deep GOP fractures. Thomas Massie opposed it for preserving Biden-era spending, while others like Warren Davidson warned of a $451B deficit spike. Trump called for Massie’s ouster after his defiance. Two GOP...

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