Trump’s tax bill is about to get even pricier. What that means for markets and your wallet.

Moody’s downgrade of U.S. credit on Friday helped put into focus the U.S. government’s ballooning budget deficit and President Donald Trump’s hopes to add trillions more to the national debt.

May 19, 2025 - 20:04
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Trump’s tax bill is about to get even pricier. What that means for markets and your wallet.
Moody’s downgrade of U.S. credit on Friday helped put into focus the U.S. government’s ballooning budget deficit and President Donald Trump’s hopes to add trillions more to the national debt.