Published Date: 03.04.2025 03:32 / Politics

Trump Urges Big Tax and Spending Cut Bill

Trump Urges Big Tax and Spending Cut Bill

United States President Donald Trump on Wednesday urged Congress to swiftly pass what he described as a “one big beautiful” bill that would enact sweeping tax cuts, spending reductions, and an extension of the national debt limit. Speaking with emphasis at the White House, Trump called the proposed legislation historic and transformative for the nation’s future.

“There will be no bill like this,” Trump declared. “One bill is gonna straighten out our country for many years to come.” He highlighted the urgent need for immediate congressional approval, adding, “We need to pass this bill immediately, we need to get it done, including debt extension.”

The president framed the proposal as a key element of his administration’s economic strategy. In addition to reducing government spending and taxes, the bill is intended to align with other economic initiatives such as newly introduced counter-duties on foreign imports. Trump stated that these tariffs are already beginning to encourage manufacturing to return to the United States.

Trump's comments come amid heightened legislative negotiations in Washington over the national budget and debt ceiling. By tying spending and tax reform to debt limit discussions, the administration is pushing for a comprehensive package that will address multiple economic fronts in a single stroke.

Though details of the bill have not yet been fully released to the public, Trump’s statements signal a broad push for fiscal reform. The administration believes the package could have long-lasting effects on economic growth, federal efficiency, and America’s global competitiveness.

Analysts and lawmakers are now awaiting the formal draft of the proposed legislation. With urgency in his tone, Trump’s call to action indicates a desire to accelerate the legislative process and secure a major victory for his policy agenda in the coming weeks.