It was a packed episode of the Macrocast this week. The team dug into the House-passed “Big Beautiful Bill" including the proposed $40K SALT cap deduction—a major win for House Republicans—and what could be in store as the Senate takes it up. With moderates wary of Medicare-related votes and fewer hardline conservatives on the Senate side, all eyes are on how the upper chamber responds.From there, the conversation turned to markets: the relationship between investor focuses and deficits, the Treasury market’s volatility, and the quieter stock market response. Rounding out the conversation: budget situation, market volatility, the impact on stocks, and a brief dive into crypto. For more about the hosts, please see below: Forbes Tate PartnersMarkets Policy Partners 

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