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Bloomberg

Companies Tout More Investments, Orders From Trump's Tax Bill in Earnings Calls

By and Rachel Phua Save Companies are praising President Donald Trump's new tax law as a boost to spending power. The One Big Beautiful Bill Act — also known as OBBB — will help free up cash due to provisions that allow companies ranging from health-care giant Johnson & Johnson to technology consultant Booz Allen Hamilton Holding Corp. to immediately expense domestic capital costs.