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Home Market Research Markets

Trillions in the Red: What Trump’s New Bill Could Mean

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 1 min read
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Trillions in the Red: What Trump’s New Bill Could Mean
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The Senate narrowly passed a sweeping new bill that could reshape the country’s financial direction for years to come. Dubbed the “One Big Beautiful Bill” Act, the legislation passed in a 51-50 vote, with Vice President JD Vance casting the tiebreaker, according to Forbes. The Penn Wharton Budget Model (PWB Model) projects the bill would add $3.1 trillion to federal deficits over the next decade.



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