Bill
10,251 views
31 Discussing
Hot
Latest
Elon Musk's X post on Tuesday calling President Trump's "big, beautiful bill" a "disgusting abomination" does not "change the president's opinion of it," White House Secretary Karoline Leavitt said during a news briefing.
"The president already knows where Elon Musk stood on this bill," she said.
#ElonMuskTalks #trump #Budget2024 #bill #SLAMMED
$BTC $TRUMP $DOGE
"The president already knows where Elon Musk stood on this bill," she said.
#ElonMuskTalks #trump #Budget2024 #bill #SLAMMED
$BTC $TRUMP $DOGE
š£Exclusive
šØA new #BILL to regulate #Stablecoins has been introduced in the United States šŗšø
#Write2Earn #usa #regulate
šØA new #BILL to regulate #Stablecoins has been introduced in the United States šŗšø
#Write2Earn #usa #regulate
Big, Beautiful Bill
** Trump's "One Big, Beautiful Bill Act": Key Points and Impacts **
The "One Big, Beautiful Bill Act" (also known as the "megabill") is extensive legislation aimed at fulfilling many of President Donald Trump's campaign promises, from taxes to border security. It's important to note that the bill's impacts are still only estimates, and the final legislative text has not yet been finalized.
**Key Points and Their Characteristics:**
Medicaid Coverage Loss: An estimated 8 million recipients could lose Medicaid health insurance coverage. Republicans are targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted. The bill introduces new work requirements for able-bodied recipients aged 19-64 without dependents (at least 80 hours of work per month) and mandates re-determinations of eligibility every 6 months. It also removes undocumented immigrants from Medicaid eligibility (approximately 1.4 million people).
SNAP Food Assistance Cuts: The Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) could be cut by roughly $230 billion over 10 years. This would narrow participation in the program, which currently serves approximately one in eight Americans monthly. The bill tightens eligibility requirements for adults aged 55-64 and children, and shifts some SNAP costs to states (at least 5% of benefit costs starting in 2028).
Extension of 2017 Trump Tax Cuts: The bill extends the 2017 tax cuts, which have been criticized for adding trillions of dollars to the deficit.
No Taxes on Tips and Overtime Pay: This fulfills Trump's campaign promises to exempt workers who receive tips from federal income taxes (for employees earning under $160,000 annually) and to eliminate taxes on overtime work. The tax break on tips would expire at the end of 2028.
Border Wall Funding: Provides $50 billion to resume construction of Trump's wall along the U.S.-Mexico border. The bill also includes $4 billion to hire an additional 3,000 Border Patrol agents and 5,000 new customs officers, as well as $2.1 billion for signing and retention bonuses. Furthermore, it allocates funds for 10,000 more Immigration and Customs Enforcement (ICE) officers and investigators. The bill also introduces a $1,000 fee for migrants seeking asylum.
Increased Defense Spending: Commits approximately $150 billion in defense spending, specifically for shipbuilding and the "Golden Dome" missile defense system.
Creation of MAGA Savings Accounts for Children: The bill would allow parents to open MAGA savings accounts for their children with a contribution limit of $5,000 annually. It includes a pilot program to start accounts with $1,000.
Raising the SALT Cap: The current proposal raises the deduction limit for state and local taxes from federal income tax filings from $10,000 to $30,000 for joint filers earning less than $400,000 per year.
Debt Limit Increase: Includes a $4 trillion increase to the statutory debt limit.
$TRUMP
#BILL
The "One Big, Beautiful Bill Act" (also known as the "megabill") is extensive legislation aimed at fulfilling many of President Donald Trump's campaign promises, from taxes to border security. It's important to note that the bill's impacts are still only estimates, and the final legislative text has not yet been finalized.
**Key Points and Their Characteristics:**
Medicaid Coverage Loss: An estimated 8 million recipients could lose Medicaid health insurance coverage. Republicans are targeting able-bodied adults and undocumented immigrants, but other beneficiaries could also be impacted. The bill introduces new work requirements for able-bodied recipients aged 19-64 without dependents (at least 80 hours of work per month) and mandates re-determinations of eligibility every 6 months. It also removes undocumented immigrants from Medicaid eligibility (approximately 1.4 million people).
SNAP Food Assistance Cuts: The Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) could be cut by roughly $230 billion over 10 years. This would narrow participation in the program, which currently serves approximately one in eight Americans monthly. The bill tightens eligibility requirements for adults aged 55-64 and children, and shifts some SNAP costs to states (at least 5% of benefit costs starting in 2028).
Extension of 2017 Trump Tax Cuts: The bill extends the 2017 tax cuts, which have been criticized for adding trillions of dollars to the deficit.
No Taxes on Tips and Overtime Pay: This fulfills Trump's campaign promises to exempt workers who receive tips from federal income taxes (for employees earning under $160,000 annually) and to eliminate taxes on overtime work. The tax break on tips would expire at the end of 2028.
Border Wall Funding: Provides $50 billion to resume construction of Trump's wall along the U.S.-Mexico border. The bill also includes $4 billion to hire an additional 3,000 Border Patrol agents and 5,000 new customs officers, as well as $2.1 billion for signing and retention bonuses. Furthermore, it allocates funds for 10,000 more Immigration and Customs Enforcement (ICE) officers and investigators. The bill also introduces a $1,000 fee for migrants seeking asylum.
Increased Defense Spending: Commits approximately $150 billion in defense spending, specifically for shipbuilding and the "Golden Dome" missile defense system.
Creation of MAGA Savings Accounts for Children: The bill would allow parents to open MAGA savings accounts for their children with a contribution limit of $5,000 annually. It includes a pilot program to start accounts with $1,000.
Raising the SALT Cap: The current proposal raises the deduction limit for state and local taxes from federal income tax filings from $10,000 to $30,000 for joint filers earning less than $400,000 per year.
Debt Limit Increase: Includes a $4 trillion increase to the statutory debt limit.
$TRUMP
#BILL
šØ US Senate To Pass Historic GENIUS Act Next Week, Says Senator Bill Hagerty šØ
As the US Senateās failure to advance the historic stablecoin bill, the GENIUS Act, has increasingly sparked criticism, Senator Bill Hagerty fuels optimism.
In a recent X post, Hagerty claims that the Senate will pass the bill by next week.
āNext week, the Senate will make history when we pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,ā states Bill Hagerty.
According to Senator Bill Hagerty, a top proponent of the GENIUS Act, the US Senate is poised to pass the stablecoin bill next week.
Senator Hagertyās statement comes amid increasing uncertainty surrounding the future of stablecoins in the country.
For instance, pro-XRP lawyer John Deaton raised concerns over the potential delay in the crypto reform until 2029 if the GENIUS Act stalls.
Further, Bill Hagerty underscored the potential benefits of the stablecoin bill.
Hagerty believes that the bill will establish a regulatory framework for payment stablecoins, maintaining the US dollarās global dominance in the digital economy.
Thus, the bill seeks to safeguard customers and promote trust in digital assets.
In addition, the stablecoin bill could also drive demand for US Treasury securities, supporting the countryās financial stability.
It also ensures that innovation in this space remains in the hands of US entities, rather than foreign adversaries.
#US #GENIUSAct #BILL #CryptoRegulation #regulatory
As the US Senateās failure to advance the historic stablecoin bill, the GENIUS Act, has increasingly sparked criticism, Senator Bill Hagerty fuels optimism.
In a recent X post, Hagerty claims that the Senate will pass the bill by next week.
āNext week, the Senate will make history when we pass the GENIUS Act that establishes the first ever pro-growth regulatory framework for payment stablecoins,ā states Bill Hagerty.
According to Senator Bill Hagerty, a top proponent of the GENIUS Act, the US Senate is poised to pass the stablecoin bill next week.
Senator Hagertyās statement comes amid increasing uncertainty surrounding the future of stablecoins in the country.
For instance, pro-XRP lawyer John Deaton raised concerns over the potential delay in the crypto reform until 2029 if the GENIUS Act stalls.
Further, Bill Hagerty underscored the potential benefits of the stablecoin bill.
Hagerty believes that the bill will establish a regulatory framework for payment stablecoins, maintaining the US dollarās global dominance in the digital economy.
Thus, the bill seeks to safeguard customers and promote trust in digital assets.
In addition, the stablecoin bill could also drive demand for US Treasury securities, supporting the countryās financial stability.
It also ensures that innovation in this space remains in the hands of US entities, rather than foreign adversaries.
#US #GENIUSAct #BILL #CryptoRegulation #regulatory
šØšŗšø#TEXAS BITCOIN RESERVE #BILL CLEARS DOGE COMMITTEE, HEADS TO #FINAL VOTE
š¹Texas SB 21, the Strategic Bitcoin Reserve Act, passed the DOGE Committee with no changes.
š¹The bill no longer needs further committee review and is now entering the final voting stage.
š¹If passed, Texas would formally begin building a Bitcoin reserve as part of its strategic assets.
$BTC
š¹Texas SB 21, the Strategic Bitcoin Reserve Act, passed the DOGE Committee with no changes.
š¹The bill no longer needs further committee review and is now entering the final voting stage.
š¹If passed, Texas would formally begin building a Bitcoin reserve as part of its strategic assets.
$BTC
šØšŗšø#ARIZONA PASSES #BITCOIN RESERVE LAW, JOINS GROWING STATE TREND
š¹Official #Arizona release.
š¹Arizona becomes 2nd U.S. state after New Hampshire to enact a Strategic Bitcoin Reserve law
š¹Texas also passed its final vote today ā awaits Gov. Greg Abbottās signature
š¹Momentum grows for state-level Bitcoin adoption and financial diversification
š¹Strategic reserves seen as hedge against USD devaluation and economic uncertainty$BTC
š¹Official #Arizona release.
š¹Arizona becomes 2nd U.S. state after New Hampshire to enact a Strategic Bitcoin Reserve law
š¹Texas also passed its final vote today ā awaits Gov. Greg Abbottās signature
š¹Momentum grows for state-level Bitcoin adoption and financial diversification
š¹Strategic reserves seen as hedge against USD devaluation and economic uncertainty$BTC
See original
#WeAreAllSatoshi
#BILL #CATS is a long-term project and a recent gem for those who have not yet purchased, it is still early to choose/
It will be as big as #PONKE#, the bullish trend is about to come
Don't miss the next opportunity to get rich
$SOL meme bill 100x
$BNB MEME CATS 100x
#BILL #CATS is a long-term project and a recent gem for those who have not yet purchased, it is still early to choose/
It will be as big as #PONKE#, the bullish trend is about to come
Don't miss the next opportunity to get rich
$SOL meme bill 100x
$BNB MEME CATS 100x
On November 27, 1992, #Bill #Clinton visited Ronald Reagan in Los Angeles, where their meeting took an interesting turn. Reagan greeted Clinton with a jar of red, white, and blue gummy candies, which at first seemed like a lighthearted gesture. However, Reagan had a deeper intention:the gummies were actually a smoking cessation aid, meant to help Clinton quit smoking during his presidency. This was in line with Reagan's ongoing efforts to promote health, as he had also struggled with quitting smoking himself
BEINCRYPTO.
When the Clintons took office in 1993, Hillary Clinton took a prominent role in shaping the administration's healthcare policies. One of her first actions in the White House was to have all ashtrays removed, a symbolic gesture that underscored her commitment to promoting health and setting a smoke-free environment in the White House
#BEINCRYPTO
.
#BinanceListsACXandORCA #CryptoMarketHype
BEINCRYPTO.
When the Clintons took office in 1993, Hillary Clinton took a prominent role in shaping the administration's healthcare policies. One of her first actions in the White House was to have all ashtrays removed, a symbolic gesture that underscored her commitment to promoting health and setting a smoke-free environment in the White House
#BEINCRYPTO
.
#BinanceListsACXandORCA #CryptoMarketHype
š„JUST IN: šŗšø North Carolina House passes bill to create a Strategic #Bitcoin Reserve.
#StrategicBitcoinReserve #Bill
$BTC $UNI $APT
#StrategicBitcoinReserve #Bill
$BTC $UNI $APT
šØšŗšøArizona #Governor Vetoes Bitcoin Reserve #Bill SB 1025
š¹Bill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
š¹Reason Cited: Hobbs said #retirement funds shouldn't be used for āuntested investments like virtual currency.ā
š¹Override Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31ā25, Senate: 17ā11) fall short.
$BTC $ETH
š¹Bill Rejected: Governor Katie Hobbs #vetoed SB 1025, which proposed allocating state reserves to $BTC investments.
š¹Reason Cited: Hobbs said #retirement funds shouldn't be used for āuntested investments like virtual currency.ā
š¹Override Unlikely: The legislature would need a two-thirds majority to overturn the veto, but current vote margins (House: 31ā25, Senate: 17ā11) fall short.
$BTC $ETH
šØšŗšø ARIZONA #PASSES SB 1025 & SB 1371 ā AWAITS #GOVERNOR 'S DECISION
š¹SB 1025: Public Monies; Investment in Virtual Currency
š¹SB 1371: Creation of a Digital Assets Strategic Reserve Fund
š¹Bills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
š¹Sign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
š¹Veto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
š¹No Action: Bills become law automatically after five days (excluding Sundays).
š¹Critics warn Bitcoinās volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
š¹SB 1025: Public Monies; Investment in Virtual Currency
š¹SB 1371: Creation of a Digital Assets Strategic Reserve Fund
š¹Bills passed final House vote, now head to Governor Katie Hobbs (@katiehobbs).
Governor's Options:
š¹Sign: Arizona would be the first U.S. state to invest up to 10% of public funds in Bitcoin.
š¹Veto: Hobbs has vetoed crypto bills before, citing financial risks and volatility concerns.
š¹No Action: Bills become law automatically after five days (excluding Sundays).
š¹Critics warn Bitcoinās volatility could risk taxpayer funds.
Supporters argue it would strategically diversify Arizona's holdings.
$BTC $ETH $XRP
šØ Binance Chain Project Onboards VanEckās VBILL
VanEckās new tokenized Treasury fund āVBILLā is set to launch on Binance ($BNB ), providing institutional tailwinds. Can this drive BNBās price to new all-time highs as it rebounds with a rising channel?
VanEck, an asset management company, announced a tokenized real-world asset (RWA) fund, VBILL, to offer exposure to short-term U.S. Treasury bills.
This milestone development is in partnership with Securitize, and the VBILL will operate on Binance Smart Chain, Ethereum, Solana, and Avalanche blockchains.
The launch marks a monumental shift in TradFi towards blockchain technology with the tokenized U.S. Treasuries. Notably, the VBILL accounts for $6.9 billion of the total RWA market.
Driving the blockchain narrative, Securitize previously tokenized over $3.9 billion in assets from BlackRock.
The $100,000 minimum investment barrier for the VBILL fund exposure targets High-Net-Worth Individuals (HNI) and institutions.
Such individuals could fuel the capital flows to all four blockchains as a real-world use case of BNB Chain boosts its credibility in the blockchain-based capital markets.
BNB price trades at $648 after a 10% jump last week, forming a bullish candle. Following the 70% crash from $670 to $202 between November 2021 and October 2023, Binance coin remained an underperformer. Since the 2023 low, the altcoin has surged 270% and formed a new all-time high at $794.
#Binance #BinanceSquareFamily #BILL
VanEckās new tokenized Treasury fund āVBILLā is set to launch on Binance ($BNB ), providing institutional tailwinds. Can this drive BNBās price to new all-time highs as it rebounds with a rising channel?
VanEck, an asset management company, announced a tokenized real-world asset (RWA) fund, VBILL, to offer exposure to short-term U.S. Treasury bills.
This milestone development is in partnership with Securitize, and the VBILL will operate on Binance Smart Chain, Ethereum, Solana, and Avalanche blockchains.
The launch marks a monumental shift in TradFi towards blockchain technology with the tokenized U.S. Treasuries. Notably, the VBILL accounts for $6.9 billion of the total RWA market.
Driving the blockchain narrative, Securitize previously tokenized over $3.9 billion in assets from BlackRock.
The $100,000 minimum investment barrier for the VBILL fund exposure targets High-Net-Worth Individuals (HNI) and institutions.
Such individuals could fuel the capital flows to all four blockchains as a real-world use case of BNB Chain boosts its credibility in the blockchain-based capital markets.
BNB price trades at $648 after a 10% jump last week, forming a bullish candle. Following the 70% crash from $670 to $202 between November 2021 and October 2023, Binance coin remained an underperformer. Since the 2023 low, the altcoin has surged 270% and formed a new all-time high at $794.
#Binance #BinanceSquareFamily #BILL
šØJPMorgan CEO Jamie Dimon said šŗšø$TRUMP tax #bill may stabilize the economy but will inflate deficits. He warned of stagflation risks, criticized poor government spending, and stressed responsible investment to counter economic stagnation and inflationary pressures.-Reuters
šØšŗšøU.S. House Republicans #passed $TRUMP sweeping #tax and spending bill, 215-214, after an all-night session. The plan extends $4.5 trillion in tax #cuts , adds defense and deportation spending, slashes Medicaid and SNAP via work rules, and deepens deficits.-AP news
#DigitalAssetBill Sure ā hereās a clean line for **DigitalAssetBill** under 100 characters with 4 hashtags:
**"DigitalAssetBill making progress! New rules shaping the future. Stay alert! #Crypto #Web3 #DeFi #Bill "**
Want it to sound official, hype, or warning-style? I can adjust it for you.
**"DigitalAssetBill making progress! New rules shaping the future. Stay alert! #Crypto #Web3 #DeFi #Bill "**
Want it to sound official, hype, or warning-style? I can adjust it for you.
ā”ļøJUST IN: šŗšø Senator #RogerMarshall introduces #bill to remove taxes on overtime.
#RogerMarshall #Bill
#RogerMarshall #Bill
š„JUST IN: šŗšø North Carolina House passes bill to create a Strategic #Bitcoin Reserve.
#StrategicBitcoinReserve $BTC #Bill
#StrategicBitcoinReserve $BTC #Bill
#BILL
Why Americaās Biggest Crypto Company Is Trying to Stop āļøa Pro-Crypto Bill From Passing
Coinbase is asking lawmakers to pause on passing a standalone stablecoin bill that could see a vote in weeks, causing tensions within the crypto industry.
Stablecoin bills currently before Congress would provide a path to legality for issuers of stablecoinsādigital assetsš°# pegged to the U.S. dollar that allow crypto traders to enter and exit positions without the need to access dollars directly. The bills would be the first to effectively legalize a foundational component of the crypto industry. Stablecoins serve as a key connector between crypto and traditional financial markets.āļø
Why Americaās Biggest Crypto Company Is Trying to Stop āļøa Pro-Crypto Bill From Passing
Coinbase is asking lawmakers to pause on passing a standalone stablecoin bill that could see a vote in weeks, causing tensions within the crypto industry.
Stablecoin bills currently before Congress would provide a path to legality for issuers of stablecoinsādigital assetsš°# pegged to the U.S. dollar that allow crypto traders to enter and exit positions without the need to access dollars directly. The bills would be the first to effectively legalize a foundational component of the crypto industry. Stablecoins serve as a key connector between crypto and traditional financial markets.āļø
Login to explore more contents