Trading Trends Tale
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trading Trends Tale
No Result
View All Result
Home Latest News

House Republican calls for third Trump term over passage of ‘historic’ tax bill

by
July 3, 2025
in Latest News
0
House Republican calls for third Trump term over passage of ‘historic’ tax bill
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

A key House ally of President Donald Trump is calling for the Republican leader to be eligible for a third White House term over passage of his ‘big, beautiful bill.’

Rep. Andy Ogles, R-Tenn., also called for Trump to be added to Mount Rushmore in South Dakota alongside George Washington, Thomas Jefferson, Theodore Roosevelt and Abraham Lincoln.

‘I was at the White House with President Trump for several hours yesterday and spent countless hours whipping votes with Speaker Johnson for the One Big Beautiful Bill. This historic legislation will unleash our economy and usher in a new golden age for America,’ Ogles told Fox News Digital after the bill passed.

‘Thanks to President Trump, we’re finally reversing the damage caused by Big Government and Democrat cronies. Wins like this are exactly why he deserves serious consideration for a third term—AND why so many believe he belongs on Mt. Rushmore.’

Ogles had previously introduced a resolution to give Trump the ability to run for a third term as president.

He was also seen at the White House in the lead-up to the last step of Congress advancing Trump’s massive tax and immigration bill. Ogles was also present on the House floor during tense negotiations on the bill, speaking to both Republican holdouts and House leaders at times.

The legislation narrowly passed on Thursday afternoon after a marathon session in the House of Representatives that began with a House Rules Committee meeting to advance it at 1:30 p.m. ET Tuesday, which ended nearly 12 hours later on Wednesday morning.

House lawmakers then met to debate the bill at 9 a.m. on Wednesday, though those proceedings were delayed for hours as House GOP leaders – and Trump himself – worked to persuade critics behind closed doors.

The bill numbers more than 900 pages and advances Trump’s agenda on taxes, the border, defense, energy, and the national debt.

The bill would permanently extend the income tax brackets lowered by Trump’s 2017 Tax Cuts and Jobs Act (TCJA), while temporarily adding new tax deductions to eliminate duties on tipped and overtime wages up to certain caps. It also includes a new tax deduction for people aged 65 and over.

The legislation also rolls back green energy tax credits implemented under former President Joe Biden’s Inflation Reduction Act, which Trump and his allies have attacked as ‘the Green New Scam.’

The bill would also surge money toward the national defense, and to Immigrations and Customs Enforcement (ICE) in the name of Trump’s crackdown on illegal immigrants in the U.S.

The bill would also raise the debt limit by $5 trillion in order to avoid a potentially economically devastating credit default sometime this summer, if the U.S. runs out of cash to pay its obligations.

New and expanded work requirements would be implemented for Medicaid and federal food assistance, respectively.

Democrats have blasted the bill as a tax giveaway to the wealthy while cutting federal benefits for working-class Americans.

But Republicans have said their tax provisions are targeted toward the working and middle classes – citing measures eliminating taxes on tipped and overtime wages – while arguing they were reforming federal welfare programs to work better for those who truly need them.

This post appeared first on FOX NEWS
Previous Post

Hakeem Jeffries breaks Kevin McCarthy record while stalling Trump’s ‘big, beautiful bill’

Next Post

2 lone Republicans vote against Trump’s ‘big, beautiful bill’ as it heads to president’s desk

Next Post
2 lone Republicans vote against Trump’s ‘big, beautiful bill’ as it heads to president’s desk

2 lone Republicans vote against Trump’s ‘big, beautiful bill’ as it heads to president’s desk

  • Trending
  • Comments
  • Latest
Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

July 2, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025
Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

June 30, 2025
Uncertainty about young voters stems from the age group’s complexity

Uncertainty about young voters stems from the age group’s complexity

May 29, 2024
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

0
If convicted in his hush money trial, here’s what Trump could face next

If convicted in his hush money trial, here’s what Trump could face next

0
Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

Nikki Haley criticized for writing ‘Finish Them!’ on artillery shell in Israel

0
Samuel Alito has decided that Samuel Alito is sufficiently impartial

Samuel Alito has decided that Samuel Alito is sufficiently impartial

0
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

July 4, 2025
Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources

Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources

July 4, 2025
Trump administration swarms SCOTUS with emergency requests and sees surprising success

Trump administration swarms SCOTUS with emergency requests and sees surprising success

July 4, 2025
Trump administration torpedoes SCOTUS with emergency requests and sees surprising success

Trump administration torpedoes SCOTUS with emergency requests and sees surprising success

July 3, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Top News

    Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    July 4, 2025
    Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources

    Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources

    July 4, 2025

    Latest News

    • Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
    • Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources
    • Trump administration swarms SCOTUS with emergency requests and sees surprising success

    About Trading Trend Stale

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 Tradingtrendstale.com

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 Tradingtrendstale.com