Trump's One Big Beautiful Act

Remember the film, “The Good, the Bad, and the Ugly”?

A western epic about cowboys having face-offs (and also, very long close-ups of their faces), battling in the wild wild west.

The Republicans seem to think Trump’s bill literally named One Big Beautiful Act is a Good idea.

The Democrats, naturally, think of is a Bad idea.

Me? Well, I think it’s … Ugly.

Find out more on what I think about the bill in the Meme of the Week!

Trump, surrounded by all his Republican ‘ponies’ passing this bill, convinced that it will Make America Great Again.

And it passed by a razor-thin margin of ONE vote.

Here’s the gist of the bill

Cuts on income and business tax

Increase in tax reliefs/deductions

Reduce spending on food aid. Expand requirement for people to qualify for food aid

Reduce Medicare spending

Cut money for Planned Parenthood

Remove tax on gun silencers (?? what?)

Government contribute $1,000 to people who open ‘Trump’ accounts for their kids

$46.5 billion for Trump’s Mexico wall and deporting immigrants

$150 billion for the defense sector

Will they really help?

Your guess is as good as mine.

First two items on cutting income and business tax, and increase in tax reliefs will certainly be good in the short-term for U.S. consumers. More money = more buying.

And if you open a ‘Trump’ account for your children, the government will contribute $1,000. The catch is that you can only access 50% of the funds when your child turns 18, and the full amount by the time they are 30.

The rest … well … debatable.

If Trump even wants to debate whether they are good.

He will probably yell '“You are FAKE NEWS. FAKEEEE NEWSSS!” to people who question his policies anyway.

The food aid issue. Well, the Supplemental Nutrition Assistance Program (SNAP) fed 41 million Americans in 2024.

Like what Trump said to $Wal-Mart(WMT)$ , ‘Eat the tariffs!’. He probably wants Americans to NOT eat then.

And the markets didn’t really eat up Trump’s bill that well.

$S&P 500(.SPX)$ declined by 1.9% since 21 May 2025.

$Dow Jones(.DJI)$ also declined by 1.9% since 21 May 2025.

Good luck to all the investors out there.