‘Lower taxes, higher wages,' Trump hails passage of 'Big Beautiful Bill', says American people are the biggest winners
Calling it 'a bill for everyone,' Trump pointed to its key promises - lower taxes, increased wages, stronger border security, and a more powerful military.
"Almost all of our Great Republicans in the United States Senate have passed our 'ONE, BIG, BEAUTIFUL BILL.' It is no longer a 'House Bill' or a 'Senate Bill'. It is everyone's Bill. There is so much to be proud of, and EVERYONE got a major Policy WIN -- But, the Biggest Winner of them all will be the American People, who will have Permanently Lower Taxes, Higher Wages and Take Home Pay, Secure Borders, and a Stronger and More Powerful Military. Additionally, Medicaid, Medicare, and Social Security Benefits are not being cut, but are being STRENGTHENED and PROTECTED from the Radical and Destructive Democrats by eliminating Waste, Fraud, and Abuse from those Programs," Trump wrote on his social media platform, Truth Social.
As the Bill is now set to be presented at the House of Representatives (lower chamber), Trump urged that the bill is presented to his desk before July 4 (Independence Day of the US)
"We can have all of this right now, but only if the House GOP UNITES, ignores its occasional 'GRANDSTANDERS' (You know who you are!), and does the right thing, which is sending this Bill to my desk. We are on schedule -- Let's keep it going, and be done before you and your family go on a July 4th vacation. The American People need and deserve it. They sent us here to, GET IT DONE!" Trump said.
He also predicted a wave of economic expansion following the bill's enactment. "Our Country is going to explode with Massive Growth, even more than it already has since I was Re-Elected. Between the Growth, this Bill, our Tariffs, and more, 'THE ONE, BIG, BEAUTIFUL BILL' sets the United States down a fiscal path by greatly reducing our Federal Deficit, and setting us on course for enormous Prosperity in the new and wonderful Golden Age of America," he said.
The bill cleared the Senate in a 51-50 vote after days of intense negotiations. Lawmakers worked through the weekend before launching a 27-hour marathon of amendment votes, during which Republican leaders worked to win over dissenting members.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
15 minutes ago
- Time of India
‘Brother Musk, you've got over a billion…', Support messages from Chinese for Tesla CEO Elon Musk flood Weibo
Several social media users in China have come in support of Tesla CEO Elon Musk amid the ongoing feud with President Donald Trump over the 'One Big Beautiful Bill'. According to a report by The Guardian, hours after the US Senate passed the bill, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Chinese microblogging platform Weibo, garnering over 37 million views. Musk has previously said that if the Senate passed the One Big Beautiful Bill , he will found a new political party. What Chinese social media users are saying about Musk-Trump fight 'If Elon Musk were to found a political party, his tech-driven mindset could inject fresh energy into politics. The potential for change is significant – and worth watching,' wrote one Weibo user as quoted in The Guardian report. Another user wrote: 'Brother Musk, you've got over a billion people on our side backing you.' 'When you've had enough, there's no need to keep putting up with it,' wrote a third. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo While other users commented that Trump and Musk should grow up. One user joked saying 'Every day, Musk is basically live-streaming 'How Billionaires Argue''. 'These two grown men argue nonstop over the smallest things – and the whole world ends up knowing about it,' said another user. Elon Musk-Donald Trump renewed tension Tensions between the two escalated after Musk said that if the 'One Big, Beautiful Bill' is passed in the Senate, he will immediately move forward with launching a new political party called the 'America Party.' Trump hit back with 'deport Elon Musk' remarks, accusing Elon Musk of benefiting more from government subsidies than any individual in US history. Trump argued that without this taxpayer-funded support, Musk would be unable to continue manufacturing electric cars, launching rockets, or operating satellite services. Trump wrote, 'Our Country would save a FORTUNE', adding 'Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!'. Responding to Trump, Musk wrote on X: 'So tempting to escalate this. So, so tempting. But I will refrain for now'. Apple's "NEW" Features... That Android Had YEARS Ago! (Finally, Apple!)
Economic Times
16 minutes ago
- Economic Times
July 4 a holiday in US? Check whether stock market, banks, FedEx are open or not
Is July 4 a federal holiday in the US? Is the stock market closed on 4th of July? Live Events Are banks open on July 4? What about UPS? Will packages be delivered? Is FedEx open on July 4? Is Hannaford open on July 4? Is Market Basket open? Other grocery stores? Will Home Depot be open on Fourth of July? Lowes? Trump to hold 'very special' patriotic event (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel On July 4, cities, towns and neighbourhoods across the United States burst into celebration, sound and colour. Beneath the festive atmosphere, lies a powerful story that began nearly 250 years ago in 1776. July 4, also known as Independence Day, marks the day the Declaration of Independence was adopted and the 13 North American colonies officially separated from Great Day is listed as one of 11 federal US holidays, according to the US Office of Personnel Management. Most federal workers and private sector workers are entitled to paid holiday time across all 50 states are prepping for the Fourth of July and, of course, the rousing celebrations that come with it. Booming fireworks, patriotic parades, and outdoor barbeques have become annual traditions, and many employees enjoy the day off of work for the federal the US stock market will be closed on July 4. The New York Stock Exchange, Nasdaq, and bond markets will close early the day before Independence Day (Thursday, July 3, 2025), ending for the day at 1 p.m., and will be closed on the Fourth of July. Those markets are typically open Monday through Friday, aside from select of Bank of America, Wells Fargo, PNC, Truist, CitiBank, JPMorgan Chase and Capital One will be closed on the holiday, reports USA Today. Capital One Cafes will remain pickup and delivery services will not be available on July 4 and UPS Store locations may be closed, according to the company's website. Check with your local store for specific hours of operation. UPS Express Critical service is available 365 days a year, according to the company' website. Visit for more to FedEx's website, most of the company's pickup and delivery services will not be available on July 4. FedEx Office hours will also be modified, so it is best to check with your local store for their specific hours. FedEx Custom Critical, however, is available 24/7, according to the grocery stores are open on July 4. For example, Hannaford is open on the Fourth of July, according to its website, as is Market Basket, which is open on July 4 from 7 a.m. to 9 p.m., the website grocery stores may have limited hours. For example, Trader Joe will close locations at 5 p.m., according to its website, and Whole Foods will close at 6 Depot will be open on the Fourth of July, and is even running sales, according to their website. Similarly, Lowes will be open and running Donald Trump announced Tuesday that he will kick off his Independence Day weekend by traveling to Iowa on Thursday for "a very special event, honoring our Great Country", reports Fox News."I am thrilled to announce that I will be traveling to one of my favorite places in the World, beautiful Iowa, on Thursday, July 3rd, to kick off the very beginning of our exciting Celebration of America's 250th Anniversary!" Trump posted to Truth Social yesterday."Iowa voted for me THREE TIMES, because they love my Policies for our Wonderful Farmers and Small Businesses, and they LOVE AMERICA! This will be a very special event, honoring our Great Country, and our Brave Heroes who fought to keep us FREE," he continued, and included a link for people to RSVP. "I'll also tell you some of the GREAT things I've already done on Trade, especially as it relates to Farmers. You are going to be very happy with what I say — Should be a BIG Crowd!"The event is slated to be held at the Iowa State Fairgrounds in Des Moines and is scheduled to begin at 7:30 p.m. Central Time, according to the event's website. The 250th anniversary of American independence will be held on July 4 with Trump repeatedly touting his administration will plan a year of patriotic events celebrating the anniversary.
&w=3840&q=100)
First Post
16 minutes ago
- First Post
'President's priorities': Trump administration holds back $7 bn school funds meant for learning, training
The administration offered little explanation for the delay, stating that the funds are under review and emphasising a commitment to ensuring taxpayer money is spent in line with the 'president's priorities', according to a report read more The Trump administration has withheld nearly $7 billion in federal education funding that supports after-school and summer programmes, English language learning, teacher training, and other essential services. According to The New York Times report, the funds were expected to be released by Tuesday. However, in an email sent on Monday, the US Department of Education informed states that the money would not be made available as scheduled, added the report. The administration offered minimal explanation, saying only that the funding is under review. STORY CONTINUES BELOW THIS AD No timeline was provided for when, or if, the funds would be released. A brief statement said the administration is 'committed to ensuring taxpayer resources are spent in accordance with the president's priorities,' reported NYT. The frozen funds are not connected to the domestic policy bill that narrowly passed the Senate on Tuesday, which includes separate cuts to various programmes. Move likely to face legal challenges 'It's catastrophic,' NYT quoted Jodi Grant, executive director of the Afterschool Alliance, a group that works to expand after-school services for students, as saying. She estimated that the roughly $1.3 billion in federal funding for after-school and summer programmes each year supports around 1.4 million students, primarily from low-income families, accounting for about 20% of all students enrolled in such programmes nationwide. According to the report, the decision is likely to face legal challenges and has already drawn sharp criticism from Democrats and teachers' unions, who argue it is unlawful. They note that the funds were appropriated by Congress and signed into law by President Trump in March as part of a larger funding package. 'This is lawless,' NYT quoted Randi Weingarten, president of the American Federation of Teachers, as saying. The Trump administration has aggressively sought to shrink the federal role in education, even proposing to eliminate the Education Department, though only Congress has the power to do so. STORY CONTINUES BELOW THIS AD In the meantime, it has slashed staffing and funding across the board. Permanent cut in funds? Officials have hinted at plans to permanently eliminate the nearly $7 billion in frozen education funds, reported NYT. During a Senate hearing last week, White House budget director Russell Vought said the administration is exploring a process called 'rescission' to formally request Congress revoke the funds. Even without a congressional vote, the request would freeze the money until it eventually expires. 'No decision has been made,' Vought was quoted as saying. The freeze on education funds has left school districts scrambling just weeks before classes resume. The uncertainty threatens after-school programmes, support for English learners, teacher training, and mental health services. According to NYT report, in rural Umatilla, Oregon, Superintendent Heidi Sipe warned parents to make backup plans, noting her federally funded after-school programme runs until 5:30 pm but has no local alternatives. In Omaha, Nicole Everingham of Collective for Youth said reduced funding would force cuts in after-school slots and staffing across 42 public schools. STORY CONTINUES BELOW THIS AD Even a delayed release of funds could disrupt hiring and planning, leaving working families in limbo. 'It completely puts us in flux,' NYT quoted Everingham as saying. Districts like Oxnard, California, also rely on federal dollars to support non-English-speaking families. 'Without this outreach, families… could be cut off from schools,' Superintendent Ana DeGenna told NYT. Many of the affected programmes, like the 21st Century Community Learning Centers and Student Support and Academic Enrichment grants, have enjoyed bipartisan support for decades. Still, most criticism of the freeze has come from Democrats. 'Every day that this funding is held up is a day that school districts are forced to worry about whether they'll have to cut back on after-school programs or lay off teachers instead of worrying about how to make sure our kids can succeed,' Senator Patty Murray, a Democrat who is the vice chairwoman of the Senate Appropriations Committee, said in a statement. With inputs from agencies STORY CONTINUES BELOW THIS AD
