Trump spending bill aims to prevent major tax increases
Newsmax · 30 days ago
Newsmax
30 days ago
Senator Roger Marshall says that the proposed Trump spending bill is designed to prevent what he describes as the largest tax increase in American history. The bill includes provisions for tax relief, particularly for middle-income earners and those relying on tips or Social Security.
BreakdownGenerated by LeadStory AI
- Senator Marshall claims the Trump spending bill will prevent the largest tax increase in American history. 38s
- The bill proposes tax relief for those relying on tips, overtime, and Social Security, as well as for individuals earning around $100,000 a year. 14s
- Marshall states the bill could save $8 trillion over ten years in national deficit reduction. 2m 11s
- Making the Trump tax cuts permanent would make them difficult to reverse without a major political shift. 2m 45s
- Some Republican senators remain undecided, but efforts are ongoing to secure enough votes for the bill. 4m 1s