‘The biggest tax growth in history’: Donald Trump has warned of an increase of 68% if a big beautiful bill was not passed; Senate in the last push to pass the expenditure bill
US President Donald Trump warned of a potential 68% tax increase, if the Congress fails to pass a large beautiful bill act (OBBA), which focuses on budget reconciliation.Trump wrote on Satya Social, “Republican, a big beautiful bill, which is probably the greatest and most important of its kind, gives the biggest tax cut and border security, millions, military/vets grow, and more by jobs by jobs,” Trump wrote on the truth social. “Failure to pass means 68% tax growth, the greatest in history !!!”The President’s statement was with the ongoing Senate discussion and later with voting about the OBBBA law.The resolution remained uncertain. South Dakota Senate Magority Leader John Theun admitted that Republicans were still determining their last view.House speaker Mike Johnson highlighted the possible challenges, can cope with the Senate Package during his final voting phase in his chamber, later anticipated in the week, Trump before the July 4 time limit.Louisiana Republican, Johnson departed at dinner at dinner and said, “I will keep it closer to the house product, please, please, please, please, please, please.” The House Republican had earlier approved its version last month.It represents a significant period for Republican, which keeps Congress control and are hurried to complete their work before Trump’s Friday holiday deadline. The 940-Page “One Big Beautiful Bill Act” has become the primary focus of the Congress, which is aligned with the priorities of the President.Republican leadership faces tight obstacles with slim majority in both homes. Thuen cannot afford to lose more than three Republican senators. Two have already expressed opposition: Thom Tilis, Senator of Northern Carolina, is concerned about the Medicade Access Reduction, and Kentki’s Senator Rand Paul, which increases to the extent of debt. Tilis unexpectedly announced his retirement plans following the dangers of Trump’s campaign.The focus was transferred to major senators, including Lisa Murkovski of Alaska and Susan Colins of Main, who expressed concern over a decrease in healthcare advocating healthcare, with a group of four orthodox GOP senators.
