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Beyoncé: Advancing the Vote on the "Beautiful Act," Disagrees with Musk's Claim That the Bill Increases the Deficit

Beyoncé: Advancing the Vote on the "Beautiful Act," Disagrees with Musk's Claim That the Bill Increases the Deficit

2025/07/01 11:42
DOGE-0.16%

According to ChainCatcher, citing Jinshi News, U.S. Treasury Secretary Bessent stated that today they are moving forward with a vote on the tax bill (the "Beautiful Act"). This is an agreement that benefits the working class. There are hopes to expand the Medicaid program to benefit mothers, children, and those in need. The aim is to restore Medicaid to pre-pandemic levels.

Bessent also stated that she disagrees with Musk's claim that the bill would increase the deficit. If the tax bill passes, there is a possibility of a surplus.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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