This morning, a cadre of officials took to the podium to extol the monumental advantages of President Donald J. Trump’s One Big Beautiful Bill, a piece of legislation they claim will usher in unprecedented tax relief, sweeping welfare reforms, and historic reductions in spending.
Here’s what you might have missed:
- Office of Management and Budget Director Russ Vought: “This bill promises a $1.4 trillion reduction in deficits and debt, making it a crucial step towards fiscal responsibility.” (Watch)
- Director Vought: “Traditionally, conservatives have raised alarms over the debt limit, advocating for reforms like those included in this bill. We believe it’s vital to pass this with Republican support to avoid the Senate filibuster, thereby preventing Chuck Schumer from holding the administration’s agenda hostage for years to come.” (Watch)
- Press Secretary Karoline Leavitt: “This legislation is set to generate $1.6 trillion in mandatory savings. Coupled with the tariff revenue from President Trump’s America First trade initiatives and projected economic growth of 3%, we anticipate an $8 trillion reduction in the deficit over the next decade.” (Watch)
- Speaker Mike Johnson: “Our objective is to support hardworking Americans striving to provide for their families. This bill will serve as a turbocharger for the U.S. economy, leading to wage increases, more jobs, and expanded economic opportunities for all. We are eager to implement these changes.” (Watch)
- National Economic Council Director Kevin Hassett: “According to our report from the Council of Economic Advisers, failure to pass this bill could slice GDP by 4%, plunging us into a significant recession and resulting in a loss of six to seven million jobs.” (Watch)
- Director Hassett: “The Congressional Budget Office projected that the existing tariff revenue will amount to $2.8 trillion over the next decade, surpassing their own static estimate for the bill’s total cost, thus indicating a clear path for deficit reduction.” (Watch)
- Secretary of the Interior Doug Burgum: “This bill promises permanent tax reductions, sweeping deregulation, and is favorable to energy production, seniors, farmers, and border security while also cutting spending. It embodies President Trump’s commitment to keeping promises.” (Watch)
- Senator Rick Scott: “We must pass this legislation to prevent the massive tax hike that Democrats support, secure our borders, and enhance military funding.” (Watch)
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