Trump’s Big Beautiful Bill Clears House Hurdle – Lawbound & Loaded for Impact

Washington shakes as Trump's flagship legislation barrels through the House—no brakes, no compromises. The so-called 'Big Beautiful Bill' just secured its ticket to becoming law, and the political arena's bracing for shockwaves.

What's inside? A cocktail of reforms that'll either turbocharge the economy or blow up the deficit—depending on who you ask. Wall Street's already placing bets (because what else would they do with your retirement funds?).

Next stop: Senate approval. But with this momentum? It's looking more like a victory lap than a negotiation. Buckle up—this policy rollercoaster's leaving the station with or without bipartisan consent.

*Cynical finance jab: Goldman Sachs analysts reportedly high-fived so hard they strained their bespoke suit sleeves.*

Trump Wins on Big Beautiful Bill

The Big Beautiful Bill is a key piece of fiscal legislation that’s already been causing disruptions in the crypto market. Through its riders and amendments, the bill covers a monumental number of budget-related subjects like healthcare, ICE funding, and more.

Today, the House finally voted to approve it, allowing President TRUMP to sign it into law tomorrow.

However, the Big Beautiful Bill is causing a lot of controversy, even within the crypto industry. Elon Musk is a ferocious opponent of the bill, claiming that its substantial expansions to the federal deficit could wreck the US economy.

Also, many amendments directly related to crypto and AI have failed, leaving the bill’s relation to Web3 somewhat uncertain.

So, what can the community expect from the Big Beautiful Bill? After it passed the Senate, this question became more prominent.

Essentially, it seems bullish for crypto investors, especially those outside the United States. To be sure, some of its proposed tax reforms could juice US retail investment, but this seems like a marginal benefit.

Instead, the most salient issue is Bitcoin’s status as a hedge against currency inflation. Analysts have already been predicting a crypto boom since the US Dollar Index hit a multi-year low last week.

The Big Beautiful Bill will likely make the dollar even weaker in the short-term, in addition to fueling fiscal uncertainty.

This is absolutely insane:

Total US debt is now expected to hit $40 TRILLION THIS YEAR, per Kalshi.

To put this into perspective, at the start of 2020, total US debt stood at $23.2 trillion.

This WOULD mark a near $17 TRILLION increase in 6 years.

Never in history has the US… https://t.co/scvhdsadEj

At the moment, it’s unclear which altcoins would stand to benefit the most, even if BTC gains are likely.

The top performers will likely be large-cap assets, or infrastructure and utility tokens that can benefit from increased trade volumes and capital inflows. Meme coins, however, seem less likely to gain.

Ultimately, the Big Beautiful Bill seems likely to introduce significant chaos to the US financial system.