https://apnews.com/article/biden-budget-deficit-trillion-republicans-economy-810ff80dcd8812f2138eef571f2444f3
President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion
The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday morning in the wake of the Federal Reserve's semiannual Monetary Policy Report, which appears to show the central bank has taken an incrementally more hawkish stance.