Republicans brought the president’s tax cuts one step closer to reality, but Wall Street remains on edge about the fiscal costs.

Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America’s debt pile.

Investors burned by President Trump’s trade fight now have to contend with a spending megabill that risks swelling the federal deficit.

Investors sold stocks and bonds after Moody’s downgraded the U.S. credit rating, potentially complicating negotiations around Republicans’ tax plan.