CNBC Daily Open: Trump's 'big, beautiful' tax bill might only be a short-term boost to the U.S. economy

cnbc.com/2025/05/23/cnbc-daily-open-trumps-tax-bill-might-only-have-short-term-benefits.html

U.S President Donald Trump's "big, beautiful" tax bill was passed by the House of Representatives Thursday and is headed to the Senate for approval.
If the bill clears that hurdle and becomes law, it "reduces taxes for lots of people, it increases spending, especially on defense," said…

This story appeared on cnbc.com, 2025-05-23 01:23:55.
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