A vote on Trump’s big budget bill could come early Thursday morning. The legislation would extend tax cuts and add billions in new spending – and trillions in debt.

Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

The GOP tax bill could boost the highest-earning Americans' incomes while hurting low earners, according to findings from nonpartisan research groups.

U.S. stock index futures steadied on Thursday after a fall in the previous session, when Treasury yields surged, as investors worried President Donald Trump's tax and spending bill could sharply inflate the country's debt burden.

A sell-off in global bonds is accelerating as Moody's downgrade of U.S. credit rating and President Donald Trump's tax bill has brought to fore investors' fiscal concerns globally. Events such as credit rating downgrades or budgets that risk expanding deficits tend to bring fiscal concerns front and center of investors' minds,