As Congress engages in heated discussions over the future of the Trump tax cuts, Republicans are urging for their extension amidst warnings from some lawmakers about rising US bond yields potentially impacting these plans. House Republicans are facing pushback from Democrats as they push to make the 2017 tax cuts permanent, emphasizing that failure to do so could result in significant job losses and economic downturns. Meanwhile, Treasury analysis indicates that extending these cuts would predominantly benefit the highest income earners. Studies highlight the economic risks, suggesting that the US economy could suffer a loss of nearly 6 million jobs and $1.1 trillion in GDP if these tax provisions expire. As both parties debate the implications of these tax policies, the stakes are high, with fears that letting these cuts lapse could harm small businesses and agricultural jobs.