Even Democrats admit the tax policies in the One Big Beautiful Bill are needed and popular — but they still oppose the bill.
To be clear, that means they’re opposing:
•The largest tax cut in history for working and middle-class Americans.
•A 15% tax cut for Americans making between $30,000 and $80,000 per year.
•NO TAX ON TIPS and NO TAX ON OVERTIME.
•Boosting the Child Tax Credit to $2,500 for 40 million families.
•Historic tax cuts for seniors.
•No tax on car loan interest for American-made cars.
•Preserving the doubled standard deduction for 91% of taxpayers.
•Expanding Health Savings Accounts (HSAs) to give Americans greater choice and flexibility in how they spend their money on their health.
•Investment savings accounts to set all newborn American kids on the path to financial security from the very beginning.
•Increasing the Death Tax exemption for two million family farms.
Failing to extend the Trump Tax Cuts alone would stick Americans with the largest tax hike in history.
The One Big Beautiful Bill Will END Taxpayer-Funded Health Care for Illegals
More than 1.4 million illegal immigrants — including cold-blooded criminals, like those arrested this weekend in Los Angeles — are currently on Medicaid, stealing taxpayer-funded health care benefits meant for American citizens.
The One Big Beautiful Bill puts a stop to that. By passing the One Big Beautiful Bill, Medicaid will be protected for generations of American citizens — thwarting Democrats’ attempts at destroying it by funding benefits for illegals on the backs of hardworking American taxpayers.
Of course, the One Big Beautiful Bill does even more to make good on President Trump’s commitment to American citizens by fully funding border security — providing for 10,000 new ICE personnel and 3,000 new Border Patrol agents to detain and deport at least one million criminal illegal immigrants annually and giving $10,000 annual bonuses in each of the next four years to our frontline heroes.
Promises made, promises kept.
Trump Accounts Will Chart the Path to Prosperity for a Generation of American Kids
Today, President Donald J. Trump joined top business leaders and lawmakers to hail the creation of “Trump Accounts” — a provision in the One Big Beautiful Bill that will create tax-deferred investment accounts for all newborn American children.
Trump Accounts, which will be seeded with a one-time government contribution of $1,000 and be private property of the child’s guardian, will track a stock index and allow for additional private contributions of up to $5,000 per year. This will afford a generation of children the chance to experience the miracle of compounded growth and set them on a course for prosperity from the very beginning.
Here’s what they’re saying:
Dell CEO Michael Dell: “We see … the establishment of these Trump Accounts as a simple yet powerful way to transform lives. Decades of research has shown that giving children a financial head start profoundly impacts their long-term success. With these accounts, children will be much more likely to graduate from college, to start a business, to buy a home, and achieve lifelong financial stability.”
Goldman Sachs CEO David Solomon: “This initiative gets at the core of binding those future generations to the benefits and the potential of America’s great companies and markets. Early childhood investments have far-reaching benefits, and Goldman Sachs is proud to support his initiative … Our economy’s future vitality is dependent on young people understanding the power of investing for the long term.”
Uber CEO Dara Khosrowshahi: “What if we could give that same powerful, real, tangible hope that comes from having a stake in your own future and a stake in the best companies in the world to every single child that’s born in this country? That’s the promise of the Invest in America Act. It’s not just an account; it’s a launchpad. It puts the unstoppable engine of compounding to work for our kids, building a future for them from day one.”
Altimeter Capital CEO Brad Gerstner: “This is aligning every child in America with the upside of free markets and the benefits, and that is your Main Street agenda … It makes America an ownership society again because all of those kids will see the benefit of compounding interest … You are giving the shot for every American to feel like they’re in the game again.”
Speaker Mike Johnson: “If you have a 401(k), you understand the power of investing early for the future. Trump Accounts take that same principle and they apply it from the very beginning of Americans’ lives … It’s a bold, transformative policy that gives every eligible American child a financial head start from day one … Trump Accounts are all about setting up the next generation for success.”
House Ways & Means Committee Chair Jason Smith: “The Trump investment accounts will be a game-changer for new parents even before their newborn baby can walk or talk. Their child will have money saved to one day learn a trade, start a business, or to buy a home. Every child born under this policy will have a better shot at a future. It does not matter if they live on a city block or on a county road — this will make a significant difference to their lives.”
Together with historic tax cuts, an increased child tax credit, higher wages, and monumental economic growth, the One Big Beautiful Bill will change the lives of middle-class families across America.