The Big Beautiful Bill’s Winners and Losers

Trump’s massive tax-and-spending bill creates big winners in defense, manufacturing, and AI.

Beauty is in the eye of the beholder. Dreamstime/TCA

By Adam Shell From Kiplinger’s Personal Finance

​​President Trump’s 870-page tax-and-spending bill is as big as advertised. Whether it is a beautiful bill from an investment standpoint is in the eye of the beholder. Like most new legislation, the One Big Beautiful Bill Act (OBBBA) has winners and losers.