Deficits, Debts, and the Big Beautiful Bill

Fact check: Trump’s 'big, beautiful bill' cuts taxes, Medicaid and balloons deficit

President Trump announced Wednesday that he supported the House approach of “one big beautiful bill” to enact his tax and spending cuts. The House will now move forward with a vote on their package next week. Enactment of the proposal would have profound effects on millions of Americans as well as on our fiscal position, says Morning Joe economic analyst Steve Rattner.

Sen. Thornton on tax relief bill: ‘There are benefits to the average working class’

U.S. Senator Ant Thornton of New Mexico has expressed concerns regarding the Big Beautiful Bill, stating that it does not reduce the federal deficit but includes provisions beneficial to working-class New Mexicans. Among these are the removal of taxes on tips, overtime, and Social Security. Thornton made this statement on X."Let's be clear… the Big Beautiful Bill (HR 1) going through Congress doesn't reduce our federal deficit," said Thornton. "…

Deficits, Debts, and the Big Beautiful Bill

Imagine a friend of yours who is $456,000 in credit card debt said to you, “I’ve got a plan to make an extra $3,010 per year and get myself back on track.” You know this person well enough to know that their salary cannot be much more than $62,000. Would you roll your eyes at this person’s claims or would you listen intently and think, “By golly, this person is on the right track!”   Unfortunately, this situation is exactly what the White House …

Time to deliver on a better ‘big, beautiful bill’ for Trump

It’s no secret former President Joe Biden and the Democrats left the United States in a mess. In just four years, Democrats managed to spend our country into a crisis and explode inflation by more than 20%. People were left with less buying power to put food on the table and higher interest rates, while our... The post Time to deliver on a better ‘big, beautiful bill’ for Trump appeared first on Daily Truth Report • DailyTruthReport.com.

Bitcoin Adoption Soars Amid Tariff ‘Deglobalization’ Trump’s Big Beautiful Bill

Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade