Investors are growing increasingly worried about the U.S. deficit as a new tax bill moves toward Senate approval. The legislation could widen the budget gap even further, sparking concerns about long-term economic stability and potential market ripple effects.

Editor’s Note: A ballooning deficit isn’t just a government spreadsheet problem—it could mean higher borrowing costs, slower growth, or tougher financial choices down the road. Investors are watching closely because this could shake confidence in the economy, affecting everything from retirement accounts to mortgage rates.

House Republicans are making progress on a new tax cut bill, stirring up anxiety in financial markets. Investors are worried the cuts could balloon the national debt by trillions, potentially hurting the government’s credit rating. Meanwhile, Nvidia’s CEO slammed U.S. chip export restrictions as ineffective, adding another layer of economic tension.

Editor’s Note: Tax cuts might sound great for wallets, but markets are fretting over the long-term costs. If the U.S. piles on more debt, borrowing could get pricier, affecting everything from mortgages to business loans. And with Nvidia’s boss calling out tech trade policies, it’s a double whammy of economic uncertainty—something neither Wall Street nor Main Street loves.