Close Menu
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Facebook X (Twitter) Instagram
Truth Republican
  • Home
  • News
  • Politics
  • Business
  • Guns & Gear
  • Healthy Tips
  • Prepping & Survival
  • Videos
Newsletter
Truth Republican
You are at:Home»Politics»Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill
Politics

Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill

Buddy DoyleBy Buddy DoyleJuly 1, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp
Trump warns of ‘whopping 68% tax increase’ if Senate fails to pass historic bill
Share
Facebook Twitter LinkedIn Pinterest Email

NEWYou can now listen to Fox News articles!

As the Senate continued to inch closer to finalizing President Donald Trump’s “One Big Beautiful Bill,” the president took to social media early Tuesday to warn that a failure to come to an agreement would end in the largest tax increase in history.

The message came after lawmakers had been in a marathon “vote-a-rama,” for several hours, submitting amendments to the megabill from either side of the aisle.  

“Republicans, the One Big Beautiful Bill, perhaps the greatest and most important of its kind in history, gives the largest Tax Cuts and Border Security ever, Jobs by the Millions, Military/Vets increases, and so much more. The failure to pass means a whopping 68% Tax increase, the largest in history!!!,” he posted.

AMERICANS WEIGH IN ON TRUMP’S ‘BIG, BEAUTIFUL BILL’: POLLS

There is currently no end in sight as Republican leaders are searching for ways to garner support for the bill while simultaneously fighting proposed amendments from Democrats who are opposing it.

GOP leaders have a narrow margin and cannot afford to lose more than three Republican senators as two, Sen. Thom Tillis of North Carolina and Sen. Rand Paul of Kentucky has already indicated that they oppose it.

Tillis talks to reporters

Tillis announced that he would not be seeking reelection after President Trump made threats of a campaign against him.

Senate Majority Leader John Thune of South Dakota said Republicans are “figuring out how to get to the end game,” but an end to the vote-a-rama has been predicted to come well into the middle of the night.

SENATORS ENTER MARATHON VOTE-A-RAMA AS TRUMP’S ‘BIG, BEAUTIFUL BILL’ DEADLINE BARRELS NEAR

The bill, if passed, will enact Trump’s domestic tax and spending agenda that includes $4.5 trillion in tax cuts, according to the latest CBO analysis. 

The package would also roll back billions in green energy tax credits threatening wind and solar investments, according to Democrats.

Billionaire Elon Musk, who until a few weeks ago led the Department of Government Efficiency (DOGE), took to social media late Monday, lashing out at Republicans as “the PORKY PIG PARTY!!” for including a provision, he argued, would raise the nation’s debt limit by $5 trillion.

elon musk big beautiful bill

Trump fired back at Musk on Truth Social, threatening to turn DOGE on its former leader. 

“Elon Musk knew, long before he so strongly Endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one. Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!” the president wrote. 

 

The bill will also impose $1.2 trillion in cuts to Medicaid and food stamps and make sign-up eligibility more rigorous and change federal reimbursements to states. It will also provide a $350 billion infusion for border and national security to include deportations.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleRepublicans scrap deal in ‘big, beautiful bill’ to lower restrictions on states’ AI regulations
Next Article TOP 10 BEST SURVIVAL SHOVEL MULTI-TOOLS 2021

Related Articles

JB Pritzker condemns political violence after Charlie Kirk’s death, says Trump’s rhetoric ‘often foments it’

JB Pritzker condemns political violence after Charlie Kirk’s death, says Trump’s rhetoric ‘often foments it’

September 11, 2025
9/11 families celebrate ‘historic, landmark decision’ in long-running Saudi Arabia lawsuit

9/11 families celebrate ‘historic, landmark decision’ in long-running Saudi Arabia lawsuit

September 11, 2025
Americans flood ICE with 141,000 job applications in Trump admin recruitment push

Americans flood ICE with 141,000 job applications in Trump admin recruitment push

September 11, 2025
Two Republicans join Dems to save Schumer’s surprise push to force release of Epstein files

Two Republicans join Dems to save Schumer’s surprise push to force release of Epstein files

September 11, 2025
Self-representation ‘almost always a mistake,’ expert warns as Trump trial begins

Self-representation ‘almost always a mistake,’ expert warns as Trump trial begins

September 11, 2025
Charlie Kirk assassination sparks bipartisan uproar over political violence as Utah manhunt underway

Charlie Kirk assassination sparks bipartisan uproar over political violence as Utah manhunt underway

September 11, 2025
Dozens of Democrats mutiny must-pass defense bill over GOP priorities

Dozens of Democrats mutiny must-pass defense bill over GOP priorities

September 11, 2025
Self-representation ‘almost always a mistake,’ expert warns as Trump trial begins

Jury seated in trial of man accused of Trump assassination attempt

September 11, 2025
President Trump orders White House flags at half-staff in honor of Charlie Kirk

President Trump orders White House flags at half-staff in honor of Charlie Kirk

September 11, 2025
Don't Miss
JB Pritzker condemns political violence after Charlie Kirk’s death, says Trump’s rhetoric ‘often foments it’

JB Pritzker condemns political violence after Charlie Kirk’s death, says Trump’s rhetoric ‘often foments it’

Charlie Kirk was proud champion of Christianity on campuses nationwide: ‘I’m nothing without Jesus’

Charlie Kirk was proud champion of Christianity on campuses nationwide: ‘I’m nothing without Jesus’

CURSED GUN CHAMP? – TGC News!

CURSED GUN CHAMP? – TGC News!

9/11 families celebrate ‘historic, landmark decision’ in long-running Saudi Arabia lawsuit

9/11 families celebrate ‘historic, landmark decision’ in long-running Saudi Arabia lawsuit

Latest News
ATF says NO to PISTOL BRACES – THIS IS BAD!

ATF says NO to PISTOL BRACES – THIS IS BAD!

September 11, 2025
Americans flood ICE with 141,000 job applications in Trump admin recruitment push

Americans flood ICE with 141,000 job applications in Trump admin recruitment push

September 11, 2025
Pam Bondi says death penalty a possibility for Iryna Zarutska killer

Pam Bondi says death penalty a possibility for Iryna Zarutska killer

September 11, 2025
YOU DID THIS!

YOU DID THIS!

September 11, 2025
Two Republicans join Dems to save Schumer’s surprise push to force release of Epstein files

Two Republicans join Dems to save Schumer’s surprise push to force release of Epstein files

September 11, 2025
Copyright © 2025. Truth Republican. All rights reserved.
  • Privacy Policy
  • Terms of use
  • Contact

Type above and press Enter to search. Press Esc to cancel.