Trump’s tax bill is about to get even pricier. What that means for markets and your wallet. - MarketWatch
1. Moody's downgraded U.S. credit, signaling budget deficit concerns. 2. House Republicans' tax bill may worsen fiscal outlook and borrowing needs. 3. Political resistance in Senate could hinder tax bill passage. 4. Rising Treasury bond yields reflect concerns over unsustainable budget deficits. 5. Consumer purchasing power may decline due to high interest rates.