By skyforbes 
The proposed legislation extends Trump-era tax cuts, slashes Medicaid funding by $880 billion, and adds $3.3 trillion to the U.S. deficit — shaking investor confidence and sending markets into decline
In the United States, growing worries about the country’s debt have resulted in chaos in the Capitol as well as on the financial markets. Wall Street closed dramatically lower Wednesday as concern grew over the Treasury bond yields and Capitol Hill battles over a budget bill that threatens to add to the nation’s deficit. The economic instability context thus highlights the fragile link between political calculation and market reaction, echoing greater apprehensions about America’s financial future and investors’ trust in it.
May 21, 2025, that stormy Wednesday, witnessed the New York major stock indices decline considerably. The Dow Jones Industrial Average dropped by 1.91%, the general S&P 500 index by 1.61%, and technology-oriented Nasdaq by 1.40%. These losses represented the largest one-day declines in a month, and indicated investor apprehension. Although the market had earlier shrugged off sharp plunges prompted by news of drastic tariffs…