What made Elon Musk call Trump’s “Big Beautiful Bill” a disgusting abomination and what does this mean for crypto’s future in America?
Musk calls Big Beautiful Bill a disgusting abomination in viral attack
The One Big Beautiful Bill Act, or OBBBA, is a sweeping tax and spending proposal introduced by the Donald Trump administration that narrowly passed the House in late May 2025.
Stretching over a thousand pages, the bill expands on the 2017 tax cuts by extending existing provisions and introducing new ones. Among the most notable are zero taxes on tipped wages and full, immediate deductions for business investments.
Alongside the tax measures, the bill increases spending in areas such as military…
Jun 29 2025
