One Big Beautiful Bill Act Vote on Momorial Day 26 May 2025

President Donald Trump’s “One Big Beautiful Bill Act” is a sweeping 1,116-page legislative package that consolidates numerous Republican priorities, including tax reforms, spending cuts, immigration enforcement, and defense enhancements. The bill recently advanced out of the House Budget Committee by a narrow 17–16 vote and is slated for a full House vote later this week. 
Tax Reforms
• Extension of 2017 Tax Cuts: The bill seeks to make permanent the individual income tax cuts enacted during Trump’s first term.
• Tax Exemptions: Proposes eliminating federal taxes on tips, overtime pay, and auto loan interest.
• Child Tax Credit: Increases the credit to $2,500 through 2028, then reduces it to $2,000 thereafter.
• State and Local Tax (SALT) Deduction: Raises the cap from $10,000 to $30,000 for couples, though some lawmakers from high-tax states are pushing for a higher cap.
• MAGA Accounts: Introduces “Money Accounts for Growth and Investment” (MAGA) savings accounts, providing $1,000 to every newborn to promote long-term savings.
• Remittance Tax: Imposes a 5% tax on money sent abroad by undocumented immigrants.
• University Endowment Tax: Increases taxes on endowments of private universities.
• Nonprofit Oversight: Allows the Treasury Department to revoke tax-exempt status for nonprofits deemed to support terrorism.     
Healthcare and Social Programs
• Medicaid Reforms: Imposes work requirements for Medicaid eligibility, increases fees for recipients above the poverty line, and mandates more frequent eligibility verifications.
• Coverage Restrictions: Prohibits Medicaid from funding gender-affirming care for children and from supporting nonprofits that provide abortion services.
• SNAP Cuts: Reduces funding for the Supplemental Nutrition Assistance Program (SNAP), raising concerns among moderates about impacts on low-income constituents. 
Immigration and Border Security
• Border Wall Funding: Allocates $46.5 billion for border barrier construction.
• ICE and CBP Enhancements: Provides funding for 10,000 additional ICE officers, detention beds, and improvements to Customs and Border Protection facilities.
• Surveillance and Technology: Invests in border surveillance systems and inspection technology.
• Remittance Tax: As noted, introduces a 5% tax on remittances sent abroad by undocumented immigrants.  
Defense and Education
• Defense Spending: Increases defense funding by $150 billion, emphasizing investments in unmanned drones and related technologies.
• Education Reforms: Introduces “Workforce Pell Grants” for trade school students, ends Federal Direct subsidized loans for undergraduates, and limits the Department of Education’s regulatory authority. 
Fiscal Impact
• Debt Ceiling: Raises the U.S. debt ceiling by $4 trillion.
• Projected Costs: The bill’s tax cuts and spending increases are projected to add between $2.5 trillion and $5 trillion to the national debt over the next decade, despite proposed spending cuts.  
Legislative Outlook
House Speaker Mike Johnson aims to bring the bill to a floor vote by Memorial Day. If passed, it will proceed to the Senate under reconciliation rules to bypass a Democratic filibuster. However, the bill faces challenges from both conservative Republicans seeking deeper spending cuts and moderates concerned about reductions to social programs. Additionally, the Senate parliamentarian may require further adjustments to comply with reconciliation guidelines.  
• Extension of 2017 Tax Cuts: The bill seeks to make permanent the individual income tax cuts enacted during Trump’s first term.
• Tax Exemptions: Proposes eliminating federal taxes on tips, overtime pay, and auto loan interest.
• Child Tax Credit: Increases the credit to $2,500 through 2028, then reduces it to $2,000 thereafter.
• State and Local Tax (SALT) Deduction: Raises the cap from $10,000 to $30,000 for couples, though some lawmakers from high-tax states are pushing for a higher cap.
• MAGA Accounts: Introduces “Money Accounts for Growth and Investment” (MAGA) savings accounts, providing $1,000 to every newborn to promote long-term savings.
• Remittance Tax: Imposes a 5% tax on money sent abroad by undocumented immigrants.
• University Endowment Tax: Increases taxes on endowments of private universities.
• Nonprofit Oversight: Allows the Treasury Department to revoke tax-exempt status for nonprofits deemed to support terrorism.     
Healthcare and Social Programs
• Medicaid Reforms: Imposes work requirements for Medicaid eligibility, increases fees for recipients above the poverty line, and mandates more frequent eligibility verifications.
• Coverage Restrictions: Prohibits Medicaid from funding gender-affirming care for children and from supporting nonprofits that provide abortion services.
• SNAP Cuts: Reduces funding for the Supplemental Nutrition Assistance Program (SNAP), raising concerns among moderates about impacts on low-income constituents. 
Immigration and Border Security
• Border Wall Funding: Allocates $46.5 billion for border barrier construction.
• ICE and CBP Enhancements: Provides funding for 10,000 additional ICE officers, detention beds, and improvements to Customs and Border Protection facilities.
• Surveillance and Technology: Invests in border surveillance systems and inspection technology.
• Remittance Tax: As noted, introduces a 5% tax on remittances sent abroad by undocumented immigrants.  
Defense and Education
• Defense Spending: Increases defense funding by $150 billion, emphasizing investments in unmanned drones and related technologies.
• Education Reforms: Introduces “Workforce Pell Grants” for trade school students, ends Federal Direct subsidized loans for undergraduates, and limits the Department of Education’s regulatory authority. 
Fiscal Impact
• Debt Ceiling: Raises the U.S. debt ceiling by $4 trillion.
• Projected Costs: The bill’s tax cuts and spending increases are projected to add between $2.5 trillion and $5 trillion to the national debt over the next decade, despite proposed spending cuts.  
Legislative Outlook
House Speaker Mike Johnson aims to bring the bill to a floor vote by Memorial Day. If passed, it will proceed to the Senate under reconciliation rules to bypass a Democratic filibuster. However, the bill faces challenges from both conservative Republicans seeking deeper spending cuts and moderates concerned about reductions to social programs. Additionally, the Senate parliamentarian may require further adjustments to comply with reconciliation guidelines.  
If the “One Big Beautiful Bill Act” is enacted, several S&P 500 companies across various sectors are poised to benefit from its provisions, including tax cuts, increased defense spending, deregulation, and infrastructure investments. Here’s an overview of potential beneficiaries:
🛡️ Defense & Aerospace
The bill allocates $150 billion in additional defense spending, which could benefit major defense contractors:
• $Lockheed Martin (LMT.US)$: Involved in programs like the B-21 Raider bomber and the F-47 Next-Gen Air Dominance fighter. 
• $Northrop Grumman (NOC.US)$: Participates in advanced defense initiatives.
• $RTX Corp (RTX.US)$: Engaged in missile defense systems.
• $General Dynamics (GD.US)$: Involved in shipbuilding and defense technologies. 
• $Boeing (BA.US)$: Manufactures military aircraft and systems. 
🏦 Financial Services
Proposed deregulation and tax cuts could enhance profitability for major banks: 
• $JPMorgan (JPM.US)$: May benefit from reduced regulations and increased economic activity. 
• $Goldman Sachs (GS.US)$: Could see gains from a more favorable regulatory environment.
• $Bank of America (BAC.US)$: Stands to benefit from tax cuts and deregulation.
• $Citigroup (C.US)$: May experience improved margins under looser regulations. 
🛢️ Energy & Fossil Fuels
The bill’s emphasis on domestic energy production and reduced environmental regulations could favor: 
• $Exxon Mobil (XOM.US)$: Poised to benefit from increased drilling opportunities. 
• $Chevron (CVX.US)$: May see gains from deregulation and expanded fossil fuel development. 
• $Schlumberger (SLB.US)$: Could benefit from increased oilfield services demand.
🏗️ Industrials & Infrastructure
Infrastructure investments and tax incentives for domestic production may boost: 
• $Caterpillar (CAT.US)$: Supplies construction machinery for infrastructure projects. 
• $Deere (DE.US)$: Provides equipment that could be in higher demand. 
• $GE Aerospace (GE.US)$: Involved in infrastructure and energy sectors. 
🛒 Consumer Discretionary & Retail
Tax cuts and increased consumer spending power may benefit: 
• $Amazon (AMZN.US)$: Could see increased sales from higher disposable incomes.
• $Home Depot (HD.US)$: May experience growth from consumer spending on home improvement. 
💊 Healthcare & Pharmaceuticals
Potential deregulation and tax incentives for R&D could favor: 
• $Pfizer (PFE.US)$: May benefit from a more favorable regulatory environment.
• $Merck & Co (MRK.US)$: Could see gains from tax policies encouraging research investments. 
• $Johnson & Johnson (JNJ.US)$: Stands to benefit from reduced regulatory burdens. 
💻 Technology
Tax reforms and repatriation incentives may aid: 
• $Apple (AAPL.US)$: Could utilize repatriated funds for investments or shareholder returns. 
🛡️ Defense & Aerospace
The bill allocates $150 billion in additional defense spending, which could benefit major defense contractors:
• $Lockheed Martin (LMT.US)$: Involved in programs like the B-21 Raider bomber and the F-47 Next-Gen Air Dominance fighter. 
• $Northrop Grumman (NOC.US)$: Participates in advanced defense initiatives.
• $RTX Corp (RTX.US)$: Engaged in missile defense systems.
• $General Dynamics (GD.US)$: Involved in shipbuilding and defense technologies. 
• $Boeing (BA.US)$: Manufactures military aircraft and systems. 
🏦 Financial Services
Proposed deregulation and tax cuts could enhance profitability for major banks: 
• $JPMorgan (JPM.US)$: May benefit from reduced regulations and increased economic activity. 
• $Goldman Sachs (GS.US)$: Could see gains from a more favorable regulatory environment.
• $Bank of America (BAC.US)$: Stands to benefit from tax cuts and deregulation.
• $Citigroup (C.US)$: May experience improved margins under looser regulations. 
🛢️ Energy & Fossil Fuels
The bill’s emphasis on domestic energy production and reduced environmental regulations could favor: 
• $Exxon Mobil (XOM.US)$: Poised to benefit from increased drilling opportunities. 
• $Chevron (CVX.US)$: May see gains from deregulation and expanded fossil fuel development. 
• $Schlumberger (SLB.US)$: Could benefit from increased oilfield services demand.
🏗️ Industrials & Infrastructure
Infrastructure investments and tax incentives for domestic production may boost: 
• $Caterpillar (CAT.US)$: Supplies construction machinery for infrastructure projects. 
• $Deere (DE.US)$: Provides equipment that could be in higher demand. 
• $GE Aerospace (GE.US)$: Involved in infrastructure and energy sectors. 
🛒 Consumer Discretionary & Retail
Tax cuts and increased consumer spending power may benefit: 
• $Amazon (AMZN.US)$: Could see increased sales from higher disposable incomes.
• $Home Depot (HD.US)$: May experience growth from consumer spending on home improvement. 
💊 Healthcare & Pharmaceuticals
Potential deregulation and tax incentives for R&D could favor: 
• $Pfizer (PFE.US)$: May benefit from a more favorable regulatory environment.
• $Merck & Co (MRK.US)$: Could see gains from tax policies encouraging research investments. 
• $Johnson & Johnson (JNJ.US)$: Stands to benefit from reduced regulatory burdens. 
💻 Technology
Tax reforms and repatriation incentives may aid: 
• $Apple (AAPL.US)$: Could utilize repatriated funds for investments or shareholder returns. 
• $Microsoft (MSFT.US)$: May benefit from tax incentives and increased domestic investments.
These companies are among those that could see positive impacts from the bill’s provisions. However, the actual benefits would depend on the final form of the legislation and its implementation.
These companies are among those that could see positive impacts from the bill’s provisions. However, the actual benefits would depend on the final form of the legislation and its implementation.
唐纳德·特朗普总统的《一个伟大而美丽的法案》(One Big Beautiful Bill Act)是一项长达1116页的大型立法方案,整合了众多共和党优先事项,包括税收改革、削减支出、加强移民执法和增强国防能力。该法案最近以17票对16票的微弱优势在众议院预算委员会中获得通过,并计划于本周晚些时候在众议院进行全面投票。
税收改革
• 延长2017年减税政策:该法案旨在永久保留特朗普第一任期实施的个人所得税减税。
• 税收豁免:提议取消对小费、加班工资和汽车贷款利息的联邦税收。
• 儿童税收抵免:将儿童抵税额度提高至2028年前的2500美元,之后降至2000美元。
• 州和地方税(SALT)扣除:将夫妻联合申报的扣除上限从1万美元提高到3万美元,不过一些来自高税州的议员希望设定更高的上限。
• MAGA账户:引入“增长与投资储蓄账户”(MAGA),为每位新生儿提供1000美元,以促进长期储蓄。
• 汇款税:对无证移民汇往国外的款项征收5%的税。
• 大学捐赠税:提高对私立大学捐赠基金的税率。
• 非营利组织监管:允许财政部撤销被认定为支持恐怖主义的非营利组织的免税资格。
医疗和社会项目
• 医疗补助改革(Medicaid):要求获得资格者必须就业,对高于贫困线的受益人增加费用,并强制更频繁的资格审查。
• 医疗覆盖限制:禁止医疗补助资助儿童的性别肯定治疗及资助提供堕胎服务的非营利机构。
• SNAP削减:削减对补充营养援助计划(SNAP)的资助,引发温和派对低收入群体影响的担忧。
移民与边境安全
• 边境墙资金:拨款465亿美元用于修建边境屏障。
• ICE与海关边检升级:为新增1万名移民执法官员(ICE)、拘留床位和边境设施改善提供资金。
• 监控与技术:投资于边境监控系统和检查技术。
• 汇款税:如前所述,对无证移民汇款征收5%税。
国防与教育
• 国防开支:增加1500亿美元国防预算,重点投资于无人机和相关技术。
• 教育改革:引入“劳动力佩尔奖学金”(Workforce Pell Grants)以支持技校学生,终止本专科生的联邦直接补贴贷款,并限制教育部的监管权限。
财政影响
• 债务上限:将美国债务上限提高4万亿美元。
• 预期成本:尽管包含削减开支的条款,但减税和开支增加预计将在未来十年内使国债增加2.5万亿至5万亿美元。
立法前景
众议院议长迈克·约翰逊(Mike Johnson)希望在阵亡将士纪念日前将该法案提交众议院表决。如果获得通过,将根据调和程序送至参议院,以绕过民主党阻挠。然而,法案面临来自要求更大削减的保守派共和党人和担忧削减社会项目的温和派的双重阻力。此外,参议院议事规则专家可能要求进行更多修改,以符合调和程序的规定。
如果《一个伟大而美丽的法案》获得通过,标普500指数中的多家公司可能因其条款而受益,包括减税、增加国防支出、放松监管和基建投资。以下是潜在受益者概览:
🛡️ 国防与航天
法案新增1500亿美元国防开支,可能使主要国防承包商受益:
• 洛克希德·马丁(Lockheed Martin, LMT.US):参与B-21突袭者轰炸机和F-47下一代空中优势战斗机项目。
• 诺斯罗普·格鲁曼(Northrop Grumman, NOC.US):参与高级防御计划。
• RTX公司(RTX Corp, RTX.US):从事导弹防御系统。
• 通用动力(General Dynamics, GD.US):从事造船和防御技术。
• 波音公司(Boeing, BA.US):制造军用飞机和系统。
🏦 金融服务
拟议的放松监管和减税可能提高大型银行的盈利能力:
• 摩根大通(JPMorgan, JPM.US):可能受益于监管放松和经济活动增长。
• 高盛(Goldman Sachs, GS.US):在更有利的监管环境下可能实现盈利增长。
• 美国银行(Bank of America, BAC.US):有望从减税和放松监管中获益。
• 花旗集团(Citigroup, C.US):在监管放松的情况下可能获得更高利润率。
🛢️ 能源与化石燃料
该法案强调国内能源生产与放松环保监管,有利于:
• 埃克森美孚(Exxon Mobil, XOM.US):或将受益于更多钻探机会。
• 雪佛龙(Chevron, CVX.US):可能因放松监管和扩大化石燃料开发而获利。
• 斯伦贝谢(Schlumberger, SLB.US):可能因油田服务需求增长而受益。
🏗️ 工业与基础设施
基建投资和对本土制造的税收激励可能推动:
• 卡特彼勒(Caterpillar, CAT.US):提供基建项目所需建筑机械。
• 迪尔公司(Deere, DE.US):提供潜在需求增长的设备。
• 通用电气航天(GE Aerospace, GE.US):涉足基础设施和能源领域。
🛒 可选消费与零售
减税和消费者可支配收入增加可能利好:
• 亚马逊(Amazon, AMZN.US):销售额可能因消费者收入提高而增加。
• 家得宝(Home Depot, HD.US):家庭改善支出的增长可能带动业绩提升。
💊 医疗与制药
潜在的监管放松和研发激励措施有利于:
• 辉瑞(Pfizer, PFE.US):或将受益于更宽松的监管环境。
• 默克公司(Merck & Co, MRK.US):可能因支持研发的税收政策而受益。
• 强生公司(Johnson & Johnson, JNJ.US):可能从监管负担减少中获得利好。
💻 科技
税制改革和利润汇回激励可能有利于:
• 苹果公司(Apple, AAPL.US):或将利用汇回资金进行投资或股东回报。
• 微软公司(Microsoft, MSFT.US):可能受益于税收激励和国内投资增加。
这些公司是法案条款可能带来正面影响的代表。然而,实际效益仍取决于法案最终版本及其实施方式。
税收改革
• 延长2017年减税政策:该法案旨在永久保留特朗普第一任期实施的个人所得税减税。
• 税收豁免:提议取消对小费、加班工资和汽车贷款利息的联邦税收。
• 儿童税收抵免:将儿童抵税额度提高至2028年前的2500美元,之后降至2000美元。
• 州和地方税(SALT)扣除:将夫妻联合申报的扣除上限从1万美元提高到3万美元,不过一些来自高税州的议员希望设定更高的上限。
• MAGA账户:引入“增长与投资储蓄账户”(MAGA),为每位新生儿提供1000美元,以促进长期储蓄。
• 汇款税:对无证移民汇往国外的款项征收5%的税。
• 大学捐赠税:提高对私立大学捐赠基金的税率。
• 非营利组织监管:允许财政部撤销被认定为支持恐怖主义的非营利组织的免税资格。
医疗和社会项目
• 医疗补助改革(Medicaid):要求获得资格者必须就业,对高于贫困线的受益人增加费用,并强制更频繁的资格审查。
• 医疗覆盖限制:禁止医疗补助资助儿童的性别肯定治疗及资助提供堕胎服务的非营利机构。
• SNAP削减:削减对补充营养援助计划(SNAP)的资助,引发温和派对低收入群体影响的担忧。
移民与边境安全
• 边境墙资金:拨款465亿美元用于修建边境屏障。
• ICE与海关边检升级:为新增1万名移民执法官员(ICE)、拘留床位和边境设施改善提供资金。
• 监控与技术:投资于边境监控系统和检查技术。
• 汇款税:如前所述,对无证移民汇款征收5%税。
国防与教育
• 国防开支:增加1500亿美元国防预算,重点投资于无人机和相关技术。
• 教育改革:引入“劳动力佩尔奖学金”(Workforce Pell Grants)以支持技校学生,终止本专科生的联邦直接补贴贷款,并限制教育部的监管权限。
财政影响
• 债务上限:将美国债务上限提高4万亿美元。
• 预期成本:尽管包含削减开支的条款,但减税和开支增加预计将在未来十年内使国债增加2.5万亿至5万亿美元。
立法前景
众议院议长迈克·约翰逊(Mike Johnson)希望在阵亡将士纪念日前将该法案提交众议院表决。如果获得通过,将根据调和程序送至参议院,以绕过民主党阻挠。然而,法案面临来自要求更大削减的保守派共和党人和担忧削减社会项目的温和派的双重阻力。此外,参议院议事规则专家可能要求进行更多修改,以符合调和程序的规定。
如果《一个伟大而美丽的法案》获得通过,标普500指数中的多家公司可能因其条款而受益,包括减税、增加国防支出、放松监管和基建投资。以下是潜在受益者概览:
🛡️ 国防与航天
法案新增1500亿美元国防开支,可能使主要国防承包商受益:
• 洛克希德·马丁(Lockheed Martin, LMT.US):参与B-21突袭者轰炸机和F-47下一代空中优势战斗机项目。
• 诺斯罗普·格鲁曼(Northrop Grumman, NOC.US):参与高级防御计划。
• RTX公司(RTX Corp, RTX.US):从事导弹防御系统。
• 通用动力(General Dynamics, GD.US):从事造船和防御技术。
• 波音公司(Boeing, BA.US):制造军用飞机和系统。
🏦 金融服务
拟议的放松监管和减税可能提高大型银行的盈利能力:
• 摩根大通(JPMorgan, JPM.US):可能受益于监管放松和经济活动增长。
• 高盛(Goldman Sachs, GS.US):在更有利的监管环境下可能实现盈利增长。
• 美国银行(Bank of America, BAC.US):有望从减税和放松监管中获益。
• 花旗集团(Citigroup, C.US):在监管放松的情况下可能获得更高利润率。
🛢️ 能源与化石燃料
该法案强调国内能源生产与放松环保监管,有利于:
• 埃克森美孚(Exxon Mobil, XOM.US):或将受益于更多钻探机会。
• 雪佛龙(Chevron, CVX.US):可能因放松监管和扩大化石燃料开发而获利。
• 斯伦贝谢(Schlumberger, SLB.US):可能因油田服务需求增长而受益。
🏗️ 工业与基础设施
基建投资和对本土制造的税收激励可能推动:
• 卡特彼勒(Caterpillar, CAT.US):提供基建项目所需建筑机械。
• 迪尔公司(Deere, DE.US):提供潜在需求增长的设备。
• 通用电气航天(GE Aerospace, GE.US):涉足基础设施和能源领域。
🛒 可选消费与零售
减税和消费者可支配收入增加可能利好:
• 亚马逊(Amazon, AMZN.US):销售额可能因消费者收入提高而增加。
• 家得宝(Home Depot, HD.US):家庭改善支出的增长可能带动业绩提升。
💊 医疗与制药
潜在的监管放松和研发激励措施有利于:
• 辉瑞(Pfizer, PFE.US):或将受益于更宽松的监管环境。
• 默克公司(Merck & Co, MRK.US):可能因支持研发的税收政策而受益。
• 强生公司(Johnson & Johnson, JNJ.US):可能从监管负担减少中获得利好。
💻 科技
税制改革和利润汇回激励可能有利于:
• 苹果公司(Apple, AAPL.US):或将利用汇回资金进行投资或股东回报。
• 微软公司(Microsoft, MSFT.US):可能受益于税收激励和国内投资增加。
这些公司是法案条款可能带来正面影响的代表。然而,实际效益仍取决于法案最终版本及其实施方式。
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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