Today, Democrats are highlighting that the bill is not just unpopular from some liberal or centrist perspective, but that it is fundamentally flawed, some say immoral, and thus they say this is still a chance, the delay in the House, for people to come to their senses. Don't tell me you give a about the middle class when all you're doing is on the middle class. Vice President said these cuts are immaterial. This bill is a deal with the devil. Mitch McConnell says people will get over it. There's a special p ...

Australia’s debt manager is considering scaling back its issuance of ultra-long bonds as rising yields make funding more expensive https://t.co/IM19ID4HPf ...

Let me ask you about what the market is thinking about the budget process in the United States now, because for a long time we've talked about this and some are concerned about what this does to Medicare. I'm concerned about what this does to debt levels in the United States, importantly, from a market perspective. But is that really what is driving markets thinking right now.What are you watching as this goes once again to the House. I think that the that the interpretation from markets the moment is proba ...

I tend to be in the camp of when you incur debt you end up having to pay it back. Um with the rise of modern monetary theory which has become invogue in the last several years particularly in Washington which is the belief that if you print money if you have the reserve currency you don't actually have to ever pay that debt back and so mounting levels of debt and deficit spending are fine. I don't buy that.I think there's a point at which uh the US government has to be able to sustain itself cost of influ b ...

Deficit and Spending - The analysis indicates authorization of $3.8 trillion in deficit increases without offsetting measures, potentially signaling an end to constraints on congressional spending [1] - Repeal of IRA tax cuts significantly impacts energy stocks [2] Consumer Impact - Tariffs are viewed as a tax on US consumers, generating approximately $400 billion for the US Treasury [3] - New stimulus to the US consumer amounts to $166 billion, resulting in a net loss for the consumer when compared to tariff revenue [3][4] Healthcare Sector - Medicaid cuts are expected to have a substantial impact on hospitals [2]

Fiscal Policy Stance - Senator Rand Paul opposed Congress adding to the national debt [1] - Senator Rand Paul offered to vote for the bill if it included a 90% reduction in the debt ceiling [1] - The offer included no earmarks and no handouts, focusing on real fiscal reform [1] - Congress chose to sell out taxpayers instead of fiscal sanity [2] Proposed Fiscal Reform - The proposal aimed for a 90% reduction in the debt ceiling [1] - The proposal emphasized real fiscal reform [1] - The proposal rejected earmarks and handouts [1]

Bank of England Governor Andrew Bailey said high interest rates are having less of an impact on inflation because of Britain’s low levels of debt among both businesses and consumers https://t.co/AQMCkQIocq ...

Market News & Concerns - Billionaire Ray Dalio expresses concerns over President Trump's tax bill, suggesting a potential debt crisis [1] - The market is reacting to tensions between President Trump and Tesla CEO Elon Musk regarding the tax bill [1] Key Figures & Companies - Mentions President Trump and Tesla CEO Elon Musk as key figures influencing market sentiment [1] - Yahoo Finance provides financial news and data [1] Resources & Platforms - Yahoo Finance offers free stock ticker data, news, and portfolio management resources [1] - Yahoo Finance is accessible via website (finance.yahoo.com) and mobile apps on Apple and Android [1] - Yahoo Finance maintains a presence on social media platforms including X, Instagram, TikTok, Facebook, and LinkedIn [1]

Germany’s finance minister has unveiled plans to borrow vast sums for a debt-funded infrastructure programme and a giant rearmament scheme. Three things have enabled this splash of cash https://t.co/LQXCcfWyb8 ...

What does it mean for motans. Uh, this bill, it's a nightmare like every other state. One out of two people in my state is on Medicaid if they're in assisted living.So, think about that. So, this they are literally giving tax cuts to the wealthiest, $400,000 tax cut to multi-millionaires on the backs of people in assisted living, kids who are getting kicked off of food assistance. And it is, as just pointed out correctly, over $4 trillion in debt, which is going to mean increased mortgage rates.It's going t ...