#TrumpVsMusk 📢 One Big Beautiful Bill Passed: Major Changes to America's Tax System!
🇺🇸 The Republican-controlled U.S. Senate passed the "One Big Beautiful Bill Act" by a vote of 51-50 – this bill, passed with the tie-breaking vote of Vice President JD Vance, will now return to the House.
🔹 Key Features:
✅ Elimination of taxes on tips, overtime, and Social Security
✅ New funding for border security
✅ "Golden Dome" project
✅ Spending cuts and welfare reform
📉 Three Republicans (Rand Paul, Thom Tillis, Susan Collins) voted against the bill with the Democrats.
🗣️ President Trump is saying this is "the largest tax cut in history" which is a significant relief for working Americans.
📊 MARKET INSIGHT: Due to tax cuts, consumer spending and income may increase, which could impact the U.S. dollar and stock market. Demand may also rise in the crypto and ETF-controlled investment sectors.