Trump’s Two Bills: Fiscal Strategy and Financial Digitization

President Donald Trump introduced two major bills: the One Big Beautiful Bill Act (OBBBA) and the GENIUS Act.

The two bills appear to be designed to work synergistically to manage the national debt and strengthen control over the digital financial system.

OBBBA: Massive Fiscal Expansion

According to information we quoted from Beincrypto media, OBBBA is a US$3.3 trillion fiscal package that includes tax cuts, increased defense spending, and reduced welfare programs.

The bill also raises the debt limit by US$5 trillion, which is expected to add US$3.3 trillion to the deficit over the next ten years.

GENIUS Act: Stablecoin Regulation to Absorb Debt

The GENIUS Act requires stablecoins to be fully backed by US dollars or short-term Treasuries.

This policy creates new demand for government bonds, allowing stablecoin issuers to absorb most of the new debt issued through OBBBA.

Synergy of the Two Bills: Debt Management and Financial Digitalization

With the OBBBA increasing spending and debt, and the GENIUS Act creating demand for government bonds through stablecoins, the two bills work together to manage national debt and strengthen control over the digital financial system.