The House narrowly approved a sweeping tax and spending bill that would raise the child tax credit and increase the SALT deduction cap, adding $2.3 trillion to the national debt. Meta is laying off 14,000 workers while simultaneously raising AI spending to $145 billion, cutting headcount to pay for computing power. Plus the White House is expected to release an AI executive order requiring companies to share frontier models 90 days before public release, and Treasury yields hit their highest le…