President Donald Trump's "big, beautiful bill" is heading to the Senate. When will no tax on overtime, tips begin? What to know.

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.

President Donald Trump's sweeping budget package cleared the House this week after a marathon overnight session. The "big beautiful bill" passed in a razor-thin vote, and now advances to the Senate, where it is expected to face even more challenges.