๐๏ธ One Big Beautiful Bill Act Passed by US Congress!
Big news for market! ๐ The One Big Beautiful Bill Act was passed by the US Congress on July 3, 2025 (218-214).
This massive bill extends the 2017 Tax Cuts and Jobs Act, slashes on-military spending, and tightens Medicaid/SNAP rules.
It's now headed to President Trump's desk! โ๏ธ
The Congressional Budget Office estimates a $2.8T deficit increase by 2034, sparking debates on fiscal impact.
Meanwhile, crypto markets are buzzing! Posts on X suggest institutions are scooping up Bitcoin, Ethereum and BNB, fueled by pro-crypto amendments like tax exemptions for small crypto transactions, championed by Sen. Cynthia Lummis.
However, direct crypto impact needs more confirmation.
