Agency: The Big and Beautiful bill has limited actual boost to the US economy
Odaily News Although the US government calls its fiscal plan a grand and beautiful bill, Lombard Odier finds it difficult to see anything to be optimistic about. The agency believes that this budget has little boosting effect on the macroeconomic level, but may further worsen the fiscal outlook. Strategic analyst Filippo Pallotti pointed out that the bill is expected to expand the federal deficit by about $4 trillion over the next decade; if the tax cuts are made permanent, the deficit may be even higher. Although tariff revenue can ease fiscal pressure to some extent, the ratio of public debt to GDP is still expected to climb to 119% around 2034. Most tax cuts are unlikely to significantly boost consumption, and the largest spending cuts will be concentrated in the areas of medical insurance and food subsidies. In view of this budget (Jinshi)
You may also like

From Mining Enterprise to Infrastructure Builder, Bitdeer Unpacks the Survival Logic behind BTC

How Can Agentic Commerce Empower AI to Start Making Money?

February Correction: Is the Crypto Market Bottoming Out?

AI Payments Through the Lens of Fintech Giants: Five Levels, Stablecoin Infrastructure, Next-Gen Globalized Commerce

Zuckerberg Retweets Stablecoin, Can Meta Win This "Comeback Game"?

Polymarket New Rule Release: How to Build a New Trading Bot

Bitwise: The Institutional Wave is Here, So Why is the Market Still Sleeping?

WEEX LALIGA Partnership 2026: Where Football Excellence Meets Crypto Innovation
WEEX becomes official crypto exchange partner of LALIGA in Hong Kong and Taiwan. Discover how this partnership brings together football excellence and trading discipline.

AI Apocalypse, a massive short squeeze

The "Second Truth" of the Luna Crash: Jane Street Exits Ahead of Plunge

Jane Street Market Manipulation, Stripe Considering Acquiring PayPal, What's the Overseas Crypto Community Talking About Today?
WEEX × LALIGA 2026: Trade Crypto, Take Your Shot & Win Official LALIGA Prizes
Unlock shoot attempts through futures trading, spot trading, or referrals. Turn match predictions into structured rewards with BTC, USDT, position airdrops, and LALIGA merchandise on WEEX.

a16z: Why Do AI Agents Need a Stablecoin for B2B Payments?

February 24th Market Key Intelligence, How Much Did You Miss?

Web4.0, perhaps the most needed narrative for cryptocurrency

Some Key News You Might Have Missed Over the Chinese New Year Holiday

Key Market Information Discrepancy on February 24th - A Must-Read! | Alpha Morning Report
