US Treasury Secretary Bessent: We are moving toward a vote today on big beautiful bill ...Middle East

We are moving toward a vote today on big beautiful bill.This is a deal for working people.We want sequencing here, bill this week, talk about trade deals next week.We are very close with India.The tax bill 'more than pays for itself’.We could be in surplus with the tax bill.Don't agree with Musk on deficit.Admire Musk on rockets, I'll take care of finances.Trade deals are next week's agenda.I think we'll get Senate approval of bill this afternoon.

Trump wants the bill to be done before the self-imposed July 4th deadline. There's been lots of focus on tariffs and how they would weigh on growth, but the expansionary fiscal policy and monetary easing counteract the negative tariff impact.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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