President Donald Trump issued a stark warning on Tuesday, claiming Americans could face a “whopping 68% tax increase” if the Senate fails to pass what he’s calling the “One Big Beautiful Bill.”
In a post on Truth Social, Trump called the bill “perhaps the greatest and most important of its kind in history,” promising it would deliver:
- The largest tax cuts
- Major border security measures
- Millions of new jobs
- Increases for the military and veterans
Trump stressed that failing to pass the bill would result in the largest tax hike in U.S. history.
What’s Happening in the Senate?
- Lawmakers are engaged in a prolonged “vote-a-rama,” debating dozens of amendments
- Republican leaders are struggling to secure full party support
- Senators Thom Tillis (NC) and Rand Paul (KY) have voiced opposition, making passage difficult with a narrow GOP margin
The future of Trump’s flagship bill hangs in the balance, with high political drama and major economic claims driving the debate.