Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Trump pushes ‘Big, Beautiful Bill’ as solution to four years of Biden failures: ‘Largest tax cut, EVER’

by June 3, 2025
June 3, 2025
Trump pushes ‘Big, Beautiful Bill’ as solution to four years of Biden failures: ‘Largest tax cut, EVER’
NEWYou can now listen to Fox News articles!

President Donald Trump turned to social media on Monday evening to sell Americans on his vision for the ‘Big, Beautiful Bill,’ calling it an opportunity to turn the U.S. around after what he called ‘four disastrous years’ under former President Joe Biden.

The House passed the spending bill in late May and it is now in the Senate’s hands.

‘We will take a massive step to balancing our Budget by enacting the largest mandatory Spending Cut, EVER, and Americans will get to keep more of their money with the largest Tax Cut, EVER, and no longer taxing Tips, Overtime, or Social Security for Seniors — Something 80 Million Voters supported in November,’ Trump said in a post on Truth Social. ‘It will unleash American Energy by expediting permitting for Energy, and refilling the Strategic Petroleum Reserve. It will make American Air Travel GREAT AGAIN by purchasing the final Air Traffic Control System.’

The president said the bill includes the construction of The Gold Dome, which he says will secure American skies from adversaries. The bill will also secure the border by building more of the wall and ‘supercharging the deportation of millions of Criminal Illegals’ that he said Biden allowed into the U.S.

‘It will kick millions of Illegals off Medicaid, and make sure SNAP is focused on Americans ONLY! It will also restore Choice and Affordability for Car purchases by REPEALING Biden’s EV Mandate, and all of the GREEN NEW SCAM Tax Credits and Spending,’ Trump wrote. ‘THE ONE, BIG, BEAUTIFUL BILL also protects our beautiful children by stopping funding for sick sex changes for minors.’

The Senate returned to Washington on Monday, and in his post, Trump called on his Republican allies in Congress to work quickly to get the bill on his desk before July 4.

In a separate post, Trump addressed what he referred to as false statements about the bill, reiterating that it is the ‘single biggest Spending Cut in History.’

He noted that there will not be any cuts to Social Security, Medicare or Medicaid, adding they will be saved from ‘the incompetence of the Democrats.’

‘The Democrats, who have totally lost their confidence and their way, are saying whatever comes to mind — Anything to win!’ Trump said. ‘They suffered the Greatest Humiliation in the History of Politics, and they’re desperate to get back on their game, but they won’t be able to do that because their Policies are so bad, in fact, they would lead to the Destruction of our Country and almost did.

‘The only ‘cutting’ we will do is for Waste, Fraud, and Abuse, something that should have been done by the Incompetent, Radical Left Democrats for the last four years, but wasn’t,’ he concluded.

Senate Republicans will get their turn to parse through the colossal package and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La., who can only afford to lose three votes.

Congressional Republicans are in a dead sprint to get the megabill — filled with Trump’s policy desires on taxes, immigration, energy, defense and the national debt — onto the president’s desk by early July.

If passed in its current state, the bill is expected to add roughly $3 trillion to the national debt, including interest, according to the Committee for Responsible Federal Budget.

Fox News Digital’s Amy Nelson, Pilar Arias, Brie Stimson and Alex Miller contributed to this report.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Mexican president hails first judicial election a ‘complete success’ after just 13% turnout
next post
Trump’s fresh White House portrait sparks interest amid controversy over National Portrait Gallery leadership

You may also like

Here’s how to stream Inauguration Day and host...

January 16, 2025

Trump admin secures release of American missionary held...

April 13, 2025

US releasing Russian prisoner Alexander Vinnik in Marc...

February 12, 2025

The top 5 political stories of 2024

January 1, 2025

Biden jokes about impending exit from the White...

August 14, 2024

Conservatives rally around ‘rock star’ Leavitt after first...

January 28, 2025

Dr. Oz young family member faints during Trump’s...

April 18, 2025

‘Most damning evidence’: Hunter Biden’s full pardon resurfaces...

December 6, 2024

World Press Freedom Day: Release my father Jimmy...

May 3, 2025

Pete Marocco, mastermind behind dismantling of USAID projects,...

April 14, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Trump-Xi call restores trade truce. But the supply chain war has no end in sight

      June 6, 2025
    • North Korea refloats destroyer that capsized during launch, surprising naval analysts

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations

      June 6, 2025
    • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’

      June 6, 2025
    • Russia launches aerial assault on Kyiv days after Ukraine’s audacious drone attack on bomber fleet

      June 6, 2025

    Categories

    • Business (663)
    • Investing (661)
    • Politics (4,387)
    • World News (2,949)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved