Trump Hints at Major Legislative Bill with Significant Tax Implications

According to BlockBeats, U.S. President Donald Trump announced that the upcoming 'big beautiful bill' could have a greater impact than tariffs. He praised Senate Majority Leader Thune for his legislative efforts and noted that Democrats are attempting to block the bill. Trump warned that if they succeed, it could result in a 58% tax increase. He reiterated that the proposed spending bill would represent the largest tax cut in U.S. history.