🧨 BREAKING: Senate Greenlights Trump’s $3.8T “Big Beautiful Bill” in Procedural Vote
The U.S. Senate just cleared a razor-thin 51–49 vote to advance President Trump’s massive $3.8 trillion fiscal package—nicknamed the “Big Beautiful Bill.”
🧾 Key Highlights:
✅ Extends 2017 tax cuts (including tax-free tips and overtime)
🔒 Boosts funding for border security & deportation enforcement
💸 Offers permanent tax breaks for SALT & traditional energy
❌ Slashes Medicaid, SNAP, and green energy programs
📉 CBO Warning: Up to 11.8 million Americans may lose insurance by 2034. National debt likely to surge.
🧠 Why it matters for crypto & markets:
Fiscal outlook could stoke inflation fears → may impact Fed rate policy
Budget instability = potential macro tailwinds for Bitcoin, gold, and decentralized finance
Elon Musk calls it “insane & destructive” — warning of job and innovation fallout
🗓️ Next Stop: Senate floor debate + amendments this week. Final vote expected before July 4.
📊 Market watchers and crypto investors are bracing for ripple effects…
