From ‘dead’ to ‘hottest in world’: Donald Trump calls ‘Big, Beautiful Bill’ the path to US making a ‘fortune’; says America growing out of ‘Biden mess’
US President Donald Trump has said that his ‘Big, Beautiful Bill’ will make sure that America makes a ‘fortune this year’. The US Senate, under Republican control, narrowly passed President Trump’s extensive ‘Big, Beautiful Bill’ on Tuesday, even as concerns lingered about substantial welfare reductions and a $3 trillion addition to national debt.Advocating for the ‘Big, Beautiful Bill’, Trump said that till last year, the US was a ‘dead’ nation, but has now become the ‘hottest’ in the world. Taking to social media platform Truth Social, Trump said that trillions of dollars are being invested in the US.His full Truth Social Post reads:“Nobody wants to talk about GROWTH, which will be the primary reason that the Big, Beautiful Bill will be one of the most successful pieces of legislation ever passed. THIS GROWTH has already begun at levels never seen before. Trillions of Dollars are now being invested into the USA, more than ever before. Likewise, hundreds of Billions of Dollars in Tariffs are filling up the coffers of Treasury. The Tariff money has already arrived and is setting new records! We are growing our way out of the Sleepy Joe Biden MESS that he and the Democrats left us, and it is happening much faster than anyone thought possible. Our Country will make a fortune this year, more than any of our competitors, but only if the Big, Beautiful Bill is PASSED! As they say, Trump’s been right about everything, and this is the easiest of them all to predict. Republicans, don’t let the Radical Left Democrats push you around. We’ve got all the cards, and we are going to use them. Last year America was a “DEAD” Nation, with no hope for the future, and now it’s the “HOTTEST NATION IN THE WORLD!” MAKE AMERICA GREAT AGAIN!”
The ‘Big, Beautiful Bill’
The proposed legislation by Trump seeks to extend his first term tax reductions by $4.5 trillion, controversially balanced by $1.2 trillion in cuts primarily affecting the Medicaid healthcare scheme and federal food assistance programmes.The suggested healthcare reductions could potentially result in approximately 12 million vulnerable Americans, including those with disabilities and limited income, losing their medical coverage.Also Read | US plans ‘economic bunker buster’ bill: Will Donald Trump impose 500% tariff on countries importing oil from Russia? How it may impact IndiaThe legislation additionally eliminates billions in environmental energy incentives whilst allocating $350 billion towards strengthening border control and implementing Trump’s extensive immigrant removal initiative.The president expressed confidence about the bill’s passage through the House within days, aiming to finalise it before July 4, the Independence Day holiday.“It’s going to get in, it’s going to pass, and we’re going to be very happy,” Trump had told journalists prior to the voting process.Earlier, guring a marathon 24-hour “vote-a-rama” amendment session, Democratic senators presented numerous challenges to controversial elements of the bill, whilst Republican leadership worked to secure sufficient support.Also Read | ‘End of New York City as we know it…’: Why Zohran Mamdani’s possible win in mayoral race has Wall Street fretting; sense of doom prevailsThe final outcome resulted in a 50-50 split, with Vice President JD Vance casting the decisive vote after Senate Majority Leader John Thune successfully persuaded hesitant moderate senators.The comprehensive legislation now moves to the House of Representatives, where it confronts united Democratic resistance and several Republican members expressing reservations about its impact on the budget deficit, alongside reduced healthcare and food assistance for underprivileged Americans.
