Source: The White House
Democrat Rep. Steve Horsford actually said delivering “the biggest tax cut in history” would “screw America.”
What would “screw America” is failing to act. A new report from the Council of Economic Advisers shows that extending the Trump Tax Cuts will deliver needed relief to Americans after years of unending Bidenflation:
- Real wages will go up by as much as $3,300/year.
- Take-home pay for median-income households will increase by as much as $5,000/year.
- Short-run real GDP will be boosted by 3.3-3.8% and long-run real GDP by 2.6-3.2%.
- Save 4.1 million jobs from being destroyed.
- Distressed communities will see as much as $100 billion in investment.
If Congress doesn’t extend the Trump Tax Cuts, Americans will be stuck with the largest tax hike in history:
President Trump is calling on Congress to immediately “pass the one, big, beautiful bill” and unleash a soaring economy, surging jobs market, manufacturing boom, and prosperity like never before.
It’s time to get it done.