3.3 trillion tax cuts, 5 trillion debt ceiling, Musk is angry: Analysis of Trump's "Big and Beautiful Bill"
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币界网报道：Tesla CEO Musk threatened to form the "American Party" to protest the "Big, Beautiful Act" proposed by the Trump administration, which includes $3.3 trillion in tax cuts and $1.13 trillion in spending cuts, sparking fierce controversy between the two parties. The bill may have a far-reaching impact on the crypto industry, including favorable policies such as incorporating Bitcoin into national strategic reserve assets and reducing capital gains taxes. At the same time, the huge fiscal deficit may drive funds to the crypto market.
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