If this bill gets through, the USA may suffer for some time under the garbage which will be discovered, but at the same time it will significantly reduce the time needed for the rest of the world to regain confidence in US markets and thus for the US economy to claw back and regain (at least an important part) of its former status.
It is probably the only chance to free the country and western financial markets from the present control by the Mafia. I hope the stars are aligned well enough to make this a succesful attempt. However, be assured the Mafia will not let this pass easily.