Trump's 2026 Vision: Can Controversial Policies Ignite US Economic Boom?

• US Treasury Secretary Scott Bessent forecasts a 'very good year' for the economy in 2026, citing Trump's policies.
• The 'One Big Beautiful Bill Act' (BBB) tax cuts are expected to boost GDP by 0.3% through refunds and lower deductions.
• Restored federal spending post-shutdown could add 0.6% to GDP, with weakened IRS enforcement potentially adding another 0.25%.
• If the Supreme Court strikes down Trump's tariffs, companies could receive hefty refunds, boosting GDP by 0.5%.
• A 'friendlier' Federal Reserve, with Jerome Powell's term ending, could lead to easier monetary policy and lower borrowing costs.

Why It Matters: Despite controversial policies, Trump's administration sees multiple factors driving significant US economic growth by 2026.