#SpotVSFuturesStrategy

The "One Big Beautiful Bill" was officially signed into law by President Trump on July 4, 2025, marking a significant moment for his second-term agenda. This comprehensive legislation, passed through budget reconciliation, includes a wide range of policy changes aimed at reshaping the federal landscape. Key provisions include the permanent extension of the 2017 tax cuts, an increase in the child tax credit, and a new deduction for tips and overtime.

On the other hand, it also implements significant cuts to Medicaid and Medicare spending, expands work requirements for SNAP benefits, and gradually eliminates tax credits for clean energy in favor of fossil fuels. The bill raises the debt ceiling by $5 trillion, with projections indicating a substantial increase in the national deficit. Supporters praise it as a catalyst for economic growth, job creation, and strengthening border security, while critics express concern over its impact on social safety nets and its contribution to the national debt. This legislation will undoubtedly have far-reaching effects on various aspects of American life for years to come.