Tensions rise as the yield on 30-year Treasury bonds surpasses 5%. Investors question America's fiscal future amid Trump's budget bill discussions that could reshape U.S. financial policy, impacting households and businesses alike.
The Republican Party's economic agenda, focusing on tax cuts and spending reductions, is raising concerns as it appears to favor the wealthy while potentially cutting programs that benefit the poor. Democrats are seizing on this narrative as a potential vulnerability for the GOP.