Group 1 - The "Big and Beautiful" bill, a major tax and spending initiative pushed by Trump, has passed both the House and Senate, awaiting Trump's signature [2][3][4] - The bill plans to reduce taxes by $4 trillion over the next decade while cutting at least $1.5 trillion in spending [5] - The bill is seen as a continuation of Trump's 2017 tax cuts, with increased spending on border security, defense, and energy production [6] Group 2 - Economists argue that the bill disproportionately benefits the wealthy through significant tax cuts, while essential healthcare and welfare programs for lower-income groups face substantial cuts [7] - The bill proposes to raise the federal debt ceiling by $5 trillion, potentially increasing the budget deficit by $3.4 trillion over the next decade according to the Congressional Budget Office [8][9] - The International Monetary Fund has warned that Trump's tax plan may exacerbate the U.S. fiscal deficit and debt burden [10] Group 3 - Traditional energy sectors, such as oil, natural gas, and coal, are expected to benefit from the bill, while renewable energy sectors like wind and solar will lose support [17] - The bill is anticipated to support the stock market, particularly benefiting cyclical industries, energy companies, industrial firms, financial sectors, and consumer goods due to reduced taxes and increased infrastructure spending [17] - The potential weakening of trust in the U.S. dollar and government bonds may lead to significant changes in the cryptocurrency market, with increased demand for cryptocurrencies as a hedge [17]