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Friday, December 5, 2025

The House Passed Trump’s Megabill. Bond Investors Are Worried. (shared)

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

House Republicans overcame bitter differences to deliver President Trump a major victory on Thursday.

Minutes ago, they narrowly passed a spending bill that packs in huge tax cuts and guts many of Joe Biden’s signature policies on student-debt relief and climate transition efforts.

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