President Donald Trump warned on Wednesday that if the “One Big Beautiful Bill” fails to pass, Democrats will be responsible for a massive 65 percent hike in taxes. He laid the blame squarely on their shoulders during remarks from the Oval Office following a swearing-in ceremony for interim U.S. Attorney for the District of Columbia, Jeanine Pirro.
“You know, if it’s up to the Democrats, they’ll take the 65 percent increase. If that doesn’t get approved, this country is going to have a 65 percent increase in taxes and lots of other problems, big problems, almost bigger than that,” Trump said, stressing that the legislation would deliver “the largest tax cut in the history of our country.”
He acknowledged that talks over the bill are still ongoing, and said while there are elements of the plan he supports enthusiastically, others give him pause. “I’m not happy about certain aspects of it, but I’m thrilled by other aspects of it. That’s the way they go. It’s very big. It’s the Big Beautiful Bill, but the beautiful is because of all of the things we have,” Trump said, underscoring that the tax reductions remain the heart of the proposal.
The legislation not only seeks to cement the tax cuts introduced in 2017 under Trump’s first term but would also eliminate taxes on employee tips and overtime wages, in addition to cutting taxes on Social Security benefits paid by seniors.
“Tremendous amounts of benefit are going to the middle-income people of our country, low and middle-income people of our country,” Trump stated during his comments on Wednesday.
The “One Big Beautiful Bill” also calls for the completion of Trump’s signature border wall project. The package includes plans to build 701 miles of wall and 900 miles of river barriers along the U.S.-Mexico border. In another major provision, the bill would remove Medicaid coverage from approximately 1.4 million illegal immigrants.
Trump praised House Speaker Mike Johnson and Senate Majority Leader John Thune for their efforts thus far. The bill has already cleared the House and is now under review in the Senate, though Trump acknowledged it is expected to go back to the House before final passage. “I have to say Speaker Johnson and Thune have done an incredible job,” he said.
He concluded by expressing confidence that the necessary Republican support is within reach, despite the lack of backing from the opposing party. “So we have no Democrat votes. That means we have to get almost all Republican votes, and I think we’re very close to doing that,” he said.

{Matzav.com}