President Donald Trump's "Big, Beautiful Bill" cements his economic agenda into law, reshaping tax policy and federal spending.

A 1,116-page tax plan backed by Trump has passed the US House of Representatives. Who will benefit the most, who gets tax breaks?

A lot of the coverage for why the bond market doesn’t like the “big, beautiful bill” focuses on the fact that its policy changes will increase government debt by slashing taxes without raising anywhere near an equal amount of revenue elsewhere.