Trump warns of 'whopping 68% tax increase' if Senate fails to pass historic bill

As the Senate continued to inch closer to finalizing President Donald Trump s One Big Beautiful Bill the president took to social media early Tuesday to warn that a failure to come to an agreement would end in the largest tax increase in history The message came after lawmakers had been in a marathon vote-a-rama for several hours submitting amendments to the megabill from either side of the aisle Republicans the One Big Beautiful Bill perhaps the greatest and the majority essential of its kind in history gives the largest Tax Cuts and Territory line Safety ever Jobs by the Millions Military Vets increases and so much more The failure to pass means a whopping Tax increase the largest in history he posted AMERICANS WEIGH IN ON TRUMP'S 'BIG BEAUTIFUL BILL' POLLSThere is at this time no end in sight as Republican leaders are searching for approaches to garner encouragement for the bill while simultaneously fighting proposed amendments from Democrats who are opposing it GOP leaders have a narrow margin and cannot afford to lose more than three Republican senators as two Sen Thom Tillis of North Carolina and Sen Rand Paul of Kentucky has already indicated that they oppose it Tillis released that he would not be seeking reelection after President Trump made threats of a campaign against him Senate Majority Leader John Thune of South Dakota explained Republicans are figuring out how to get to the end meeting but an end to the vote-a-rama has been predicted to come well into the middle of the night SENATORS ENTER MARATHON VOTE-A-RAMA AS TRUMP'S 'BIG BEAUTIFUL BILL' DEADLINE BARRELS NEARThe bill if passed will enact Trump s domestic tax and spending agenda that includes trillion in tax cuts according to the latest CBO analysis The package would also roll back billions in green capacity tax credits threatening wind and solar investments according to Democrats Billionaire Elon Musk who until a limited weeks ago led the Department of Regime Efficiency DOGE took to social media late Monday lashing out at Republicans as the PORKY PIG PARTY for including a provision he argued would raise the nation s debt limit by trillion Trump fired back at Musk on Truth Social threatening to turn DOGE on its former leader Elon Musk knew long before he so strongly Endorsed me for President that I was strongly against the EV Mandate It is ridiculous and was consistently a major part of my campaign Electric cars are fine but not everyone should be forced to own one Elon may get more subsidy than any human being in history by far and without subsidies Elon would ostensibly have to close up shop and head back home to South Africa No more Rocket launches Satellites or Electric Car Production and our Country would save a FORTUNE Perhaps we should have DOGE take a good hard look at this BIG MONEY TO BE SAVED the president wrote The bill will also impose trillion in cuts to Medicaid and food stamps and make sign-up eligibility more rigorous and change federal reimbursements to states It will also provide a billion infusion for confines and national shield to include deportations