#OneBigBeautifulBill The "One Big Beautiful Bill" is a major U.S. tax reform proposal introduced in 2025. Spearheaded by President Trump, it aims to extend the 2017 tax cuts, increase standard deductions, and offer new benefits for workers, families, and retirees. While it's designed to boost economic growth and reduce burdens on middle-class Americans, it lacks clear guidance on cryptocurrency taxation, creating uncertainty in the crypto market. Despite a projected $3.3 trillion deficit, supporters believe the bill will stimulate spending and investment. Its long-term impact depends on inflation control and how global markets respond to increased U.S. debt and policy ambiguity.