US President Donald Trump’s “Bada, Beautiful Bill” – or officially, a large beautiful bill act (OBBA) – is a controversial piece of law, but some banks are in its favor, saying that it needs a shot in hand, the economy needs.

It was advanced in one Narrow 51-49 votes Late on Saturday night, in the US Senate, he took the remedy of large expenses close to the President’s table.

Bill, which is tax reforms and targeted incentives Forecast to add federal deficitWarned from credit agencies and Criticism,

But some banks say they feel that the bill may promote the US economy.

In a letter published on Sunday, American Bankers Association It “strongly supports” several provisions within the bill for “very essential tax relief” that they introduce.

“I think OBBB would almost undeniably be better for the American economy than nothing in the next few years,” said David Safe, the chief economist of Nomura for development markets, said that taxes will increase significantly next year after the end of several provisions under Trump’s 2017 tax bill.

Tax Cuts and Jobs Act passed in 2017 includes low income tax rates, greater child tax credit and liberal deduction for businesses. Without the action of the Congress, several provisions under the Act are determined to end by the end of 2025 – a shift analysts said that domestic consumption and corporate could reduce investment. He said that the short -term appeal of the “large beautiful bill” lies in his ability to prevent a sharp fiscal contraction in 2026, he said.

“The most important thing is that OBBBs do for the next few years, most of them to eliminate the provisions, preventing a major and sudden fiscal contraction,” CNBC told CNBC. He said, “OBBB’s provisions may increase investment in the next few years that allow for rapid trading expenditure of capital investment, although the cost of investment is likely to be in later years,” he said.

Similarly, city strategists said that passing the bill in a note published last Wednesday would be an economic tailwind. He wrote, “In the near period, business deals (UK, China, eventually Japan, India, Europe, etc.) and in July (pure stimulating) the passage of large beautiful bills should improve,” he wrote.

City also hopes that the Federal Reserve will loosen its monetary policy, increase the sense of development, and said “We do not see a bond of a bond vigilance during 2025/2026 as the BBB delta is largely funded by tariff revenue.”

Debt load is a central concern for many critics. Nonpartison Congress budget office projects BBB will add at least $ 3 trillion For federal deficit in the next decade.

Although Morgan Stanley noted in early June Provisions of the bill-development provisions can benefit major equity sectors such as businesses and individuals, as well as communication services, industrial and energy, said that it can raise concerns about fiscal stability.

Similarly, Erica York, vice -president of the Federal Tax Policy at the Center for Federal Tax Policy of Tax Foundation, said, “It is also non -responsible during accounting for development, the budget deficit is also increasing significantly and the loans are also increasing.”

York stated that many tax cuts are designed complex and poorly, some types of workers make tax deduction and leave others.

At the top of it, due to the bill, which includes several narrow -stitching tax rules, the internal revenue service will need to spend more time and resources that update the form, guidance and enforcement equipment, adding the administrative burden of the already spreading agency, adding more time and resources, York said.