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Home»US News

President Donald Trump predicts a massive tax hike if his budget bill fails

Artificial IntelligenceBy Artificial IntelligenceApril 29, 2025 US News No Comments2 Mins Read
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In Michigan’s first 100-day speech, President Donald Trump denounced Democrats and Republican “grandfathers” for opposing his “big beautiful” budget settlement bill.

He said his bill has “100% of Republican support,” but he said, “You know once in a while, so you have ancestral Republicans, so we certainly should have a few Democrats.”

As the crowd booed, Trump pointed out that “there are no many Republicans” against his bill, but he urged viewers to “remember who those grandfathers were and to escape hell.”

Trump warned that if the bill fails, the US would “have the highest tax cut in history, not the biggest tax cut in history.”

Exclusive: Congress’ Trump Tax Cuts “First Priority,” says Top House GOP Leader

In his first 100-day inauguration in Michigan, President Donald Trump denounced Democrats and Republican “Grand Standards” on the “big beautiful” budget settlement bill, saying that if Americans succeed, they’ll see “the best tax hike in history.” (Fox News/Getty Images)

He went on to ask the crowd, saying, “If Democrats win this bill, they will be receiving a 58% tax increase.”

“Every life I’ve seen, I’ve never heard them campaigning for a tax increase. It’s always “We’ll cut your taxes,” Republican said. “I’ve never seen every year they campaign: “We’ll raise your taxes.” I said, “This country was crazy.” ”

Scoop: Republicans roll out $69 billion funding plan for new CBP agents and build border walls on Trump’s budget bill

President Donald Trump will listen to Trump addressing a joint Congressional meeting at the Capitol in Washington on Tuesday, March 4, 2025, at the Capitol in Washington.

Democrats are confident they will be heavily against Trump’s spending bill, but Treasury Secretary Scott Bescent told reporters that the House and Senate GOP leaders were “lockstep” to pass the budget bill after Monday’s meeting with Republican leaders.

Click here to get the Fox News app

Republicans are calling for Trump’s energy, defense, border security and tax priorities to be adapted to the bill and raised the debt cap.

Fox News Digital recently reported that House Republicans have carved out $68.8 billion for Trump’s border wall and are hiring more agents on the field to advance the commander’s agenda on the spending bill.

Liz Elkind and Kelly Phares of Fox News Digital contributed to this report.

Peter Pinedo is a political writer for Fox News Digital.

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