#TrumpTaxCuts This is what will happen if Trump's tax cuts are not extended.
Democratic Representative Steve Horsford even said that implementing "the largest tax cut in history" would "screw over America".
What would harm America is not acting. A new report from the Council of Economic Advisers shows that extending Trump's tax cuts will provide the necessary relief to Americans after years of relentless Bidenflation.
Real wages will increase by up to $3,300 a year.
*The net income of households with middle incomes will rise by up to $5,000 a year.
*Short-term real GDP will increase between 3.3% and 3.8%, and long-term real GDP will rise between 2.6% and 3.2%.
*Prevent the destruction of 4.1 million jobs.
*Struggling communities will receive an investment of up to $100 billion.
If Congress does not extend Trump's tax cuts, Americans will face the largest tax increase in history.
President Trump is urging Congress to "immediately pass the one, big, beautiful bill" and unleash a booming economy, a booming job market, a manufacturing boom, and prosperity like never before.