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Donald Trump Issues Warning Over His Tax Bill
🎙️ Voice is AI-generated. Inconsistencies may occur.
President Donald Trump has issued a warning to Congress over his spending megabill as Senate continues its marathon voting session.
The Senate’s unlimited amendment vote series, known as a vote-a-rama, on the Trump-backed One Big Beautiful Bill Act began around 9 a.m. ET on Monday and continued throughout the day into the evening. The president has set a deadline of Independence Day – July 4 – for lawmakers to deliver the finished bill to his desk.
Joe Raedle/GETTY
“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,” President Trump said in a post on Truth Social. “The failure to pass means a whopping 68% Tax increase, the largest in history!!!”
The legislation boosts spending on border security, defense, and energy production, offset in part by cuts to healthcare and nutrition programs. According to a Sunday estimate from the Congressional Budget Office, the bill would add nearly $3.3 trillion to the federal deficit over the next decade.
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