That "big, beautiful" tax bill could shock the bond market
Marketplace
00:00
Impacts of Tax Cuts on National Debt and Bond Markets
This chapter examines the repercussions of a new tax bill passed by the Republican-controlled House, which is projected to increase the national debt by $3.8 trillion over the next decade. It also draws parallels to the UK's earlier financial crisis triggered by similar unbacked tax cuts, raising concerns about the impact on foreign investor confidence and domestic economic stability.
Play episode from 01:32
Transcript
