Trump's big tax and policy bill stalls
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Republicans also used the manager's amendment to remove a federal requirement that firearm suppressors must be registered.
Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
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 greatest benefits would go to high-income households, while low-income families would see a much more modest boost, analyses show.
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The unexpected voice vote comes as congressional Republicans work to pass legislation that would include a similar provision.