Trump's tax policy collides with the market room

Play the costs of a megabill

Investors in American public debt are becoming nervous. The return on the 30-year government bond passed by 5 percent on Wednesday, whereby the dealers were apparently frightened because of a Republican budget plan that could bring the US budget debt into record areas.

President Trump mentioned this on Tuesday during his trip to Capitol Hill to organize the votes for legislation.

A memory of the missions: The draft law could be the key to Trump's domestic agenda and determine financial policy for years.

It also means that global investors think about whether America is still worth investing. At the moment, retailers are relying on deficits to increase, make earnings higher and therefore increase the credit costs for companies and households.

Could this factor flow into the vote? In view of their slim majority, House Republicans can only afford three defectors. There are still big differences in cuts for medicaid, but in the thorny debate about deductions for state and local taxes for homeowners, there is a possible breakthrough, reports politico.

It also includes the financing of Trump's “Golden Dome” missile defense sign, which could cost up to 542 billion US dollars. (SpaceX, Palantir and Anduril are in line to win contracts for this project, reports Reuters.)