Core Viewpoint - The "Big and Beautiful" tax and spending bill signed by President Trump is expected to significantly increase the U.S. fiscal deficit and debt risk, raising concerns about the long-term financial stability of the country [1][2]. Group 1: Legislative Overview - The bill was passed by the House of Representatives with a vote of 218 in favor and 214 against, following its approval in the Senate [1]. - Key provisions include extending tax cuts for corporations and individuals, and exempting tips and overtime pay from taxation, with a primary focus on lowering corporate taxes [1]. Group 2: Financial Implications - Preliminary analysis indicates that the bill could increase the U.S. deficit by approximately $3.3 trillion over the next decade and reduce tax revenue for decades to come [1]. - The U.S. national debt currently stands at $36.2 trillion, and the bill is expected to exacerbate the structural deficit, making it more challenging for lawmakers to manage debt levels [2]. - The increasing debt burden is projected to have long-term consequences for future generations, as highlighted by experts [2].
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第一财经·2025-07-05 02:42