Tensions rise as discussions about a significant tax bill pushed by President Donald Trump face increasing scrutiny regarding its impact on the national deficit. Economists warn that the proposed "big, beautiful" tax bill could exacerbate the already precarious fiscal situation, potentially increasing the federal debt by trillions. The GOP tax plan is criticized for not effectively addressing the deficit, leading to fears of a fiscal disaster if an economic downturn occurs. Investors are worried, with bond vigilantes reacting to rising yields which indicate growing concerns about government debt. As Congress debates these tax measures, the potential for a substantial increase in deficits looms large, leaving markets on edge and prompting calls for a reassessment of the economic strategy at this critical moment.