In a shocking turn, some Republicans are floating the idea of raising taxes on the wealthy as the federal deficit soars to historic highs—$2.6 trillion projected for this year. Once unthinkable in GOP circles, this progressive-style proposal is gaining quiet traction as the party faces pressure to pay for massive spending while billionaire Ray Dalio warns of a looming debt crisis. Meanwhile, Trump’s team pushes a bold "rescission" strategy to force spending cuts. Can the GOP change course before the bond market buckles—and will Congress act before it's too late?