Trump’s Budget Proposal Fuels Market Surge: Stocks Soar $4 Trillion, Bitcoin Hits New Highs

President Trump is pushing for a historic budget resolution, aiming to implement the largest tax cuts and regulatory reforms in US history. This move has led to immediate market shifts, with stock markets gaining $4 trillion and Bitcoin surpassing $82,000. Experts suggest these policy changes could influence spending cuts exceeding $1 trillion alongside the proposed tax reductions. The result is anticipated economic activity through the preservation of 2017 tax laws. The move comes as a response to expiring 2017 tax cuts and amid debates on fiscal responsibility within the Republican party. Market reactions are clear, with Bitcoin surging above $82,000 and stocks reflecting strong confidence in Trump’s economic policies.