🚨 Breaking News: House Passes Trump’s “Big, Beautiful Bill” After Stamping Out GOP Rebellion 🇺🇸 What This Means for Crypto?

🏛️ Trump Secures Major Legislative Win

In a dramatic July 3rd session, the U.S. House narrowly passed President Trump’s ambitious tax-and-spending legislation, dubbed the “One Big Beautiful Bill,” with a 218–214 vote. The bill cements permanent extensions of the 2017 Trump tax cuts and adds new benefits, including:

❌ Elimination of taxes on tips and overtime

👵 Special tax deductions for senior citizens

💵 Expanded tax relief for middle-class families

⚔️ Fierce GOP Infighting Resolved

Internal GOP opposition nearly derailed the bill. After last-minute negotiations and pressure from Trump’s inner circle, Republican holdouts flipped. A dramatic standoff from Rep. Scott Perry and a record 8-hour, 59-minute speech from Minority Leader Hakeem Jeffries added to the theatrics.

💸 What’s in the Bill?

🪖 Boosts military and border security funding

🌱 Slashes Biden-era clean-energy tax credits

🧾 Enforces Medicaid work requirements, threatening coverage for millions

📉 Adds $3.3–$5 trillion to national debt over a decade

🚀 What This Means for Crypto?

The bill doesn’t directly mention crypto, but lower taxes and reduced regulatory appetite signal a more favorable environment for crypto investors and Web3 entrepreneurs. Less IRS scrutiny on side income (like tipping) may boost micropayment use cases. However, the massive debt load could fuel long-term inflation fears—making Bitcoin and stablecoins more attractive as hedge assets.

👉 Crypto markets may see increased bullish sentiment if Trump’s economic vision continues to gain ground.

#OneBigBeautifulBill

$BTC