Oops!...They Did It Again: Banks Sing the Praises of Trump's 'Big Beautiful Bill'!

Gimme More...of That Economic Boost!

Okay dolls so I heard about this 'Big Beautiful Bill' thingy that President Trump came up with – or as they call it the One Big Beautiful Bill Act (OBBBA). Seriously who comes up with these names? Anyway apparently it's got everyone talking especially those fancy bankers. They're all like 'Gimme more!' because they think it's gonna give the economy a little somethin' somethin'. I mean who am I to judge? I just wanna dance and maybe wear a sparkly outfit!

Tax Me Baby (One More Time)!

So the American Bankers Association wrote a letter (fancy!) saying they 'strongly support' this bill. Apparently it's got some 'much needed tax relief' in it. David Seif this super smart economist dude thinks it's gonna be 'unquestionably good' for the US economy. I'm like 'Okay David but can it dance?' because if it can't what's the point right? Remember those tax cuts from 2017? Without this bill they might disappear faster than my last relationship! Oops!...I did it again didn't I?

Stronger Than Yesterday... Because of Trade Deals!

Citi strategists are also on board saying this bill will give the economy a 'tailwind.' They're talking about trade deals with the UK China and eventually the whole world! I'm picturing a world where everyone's singing and dancing and buying my albums... dreams right? They think the Federal Reserve will chill out with the money stuff and everything will be peachy. But hey let's not get too ahead of ourselves. It's like 'Hold it against me' if I get too excited.

Not a Girl Not Yet in Debt!

Now here's where it gets a little 'Toxic.' Some people are worried about the debt. Apparently this bill could add like a gazillion dollars to the federal deficit over the next ten years. Morgan Stanley is like 'Yeah the tax stuff is cool but are we gonna be able to pay for it?' And Erica York from the Tax Foundation is all 'It's fiscally irresponsible!' Sounds like someone needs a vacation stat!

The IRS is Saying Gimme Gimme More Money!

Erica also said that a lot of the tax cuts are super complicated and the IRS is gonna have to spend a bunch of time and money updating everything. I'm just thinking 'Leave the poor IRS alone!' They're probably just trying to do their jobs you know? It's like when people try to tell me what to do with my life... not cool guys not cool.

My Prerogative

So what do I think? Honestly I'm just a girl who likes to dance and sing and wear glitter. But I hope whatever happens it makes everyone happy and doesn't cause too much drama. Because life's too short to be anything but fabulous! As for my economic expertise... well let's just say I'm better at shaking my booty than balancing a budget. You want a hot body? You want a Bugatti? You want a Maserati? You better work b*tch!