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Trump's Mega Tax and Spending Law Will Have Small Economic Impact, Forecasters Say

Summary by USA Today
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the long run, forecasters say

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The "One Big Beautiful Bill" has been signed into law by President Donald Trump, bringing with it a set of significant changes affecting the real estate market. According to the original report, this reform package seeks to revitalize various aspects of the housing sector, from tax deductions to credits for low-income housing.Restoration and expansion of tax deductionsOne of the outstanding provisions is the restoration of tax deductions for mor…

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interactivebrokers.com broke the news in on Wednesday, July 9, 2025.
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