Bessent says Big Beautiful Bill will help American middle class #politics #shorts

Economic Impact & Policy - Inflation is showing substantial improvement due to the administration's policies after four years of price increases diminishing the US standard of living [1] - The proposed bill aims to make the 2017 tax cuts permanent, intending to provide certainty for individuals and businesses and build economic momentum [1] - The legislation is designed to boost the working and middle class and reinvigorate American manufacturing [2] Manufacturing & Investment - The bill will incentivize unprecedented investment in US manufacturing [2] - The legislation will provide 100% expensing for new factories and existing factories that expand operations and support made in America [2] National Debt & Overall Benefit - It remains to be seen whether the bill will add to the national debt [3] - It's difficult to definitively say whether all Americans will have a net benefit from this bill [3]