President Donald Trump and his Cabinet nominees have been clear in direction, looking for lower taxes, higher tariffs, and greater growth.
But the bond market movements have been warning that the combination probably isn’t going to work, and Republicans in Congress have been listening.
Reuters reported that at a closed-door meeting of House Republicans, concerns about the estimated $4 trillion additional cost of extending reductions from the 2017 Tax Cuts and Jobs Act may be too much now.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
