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Trump: congress to pass largest tax cut bill in US history

Trump: congress to pass largest tax cut bill in US history

Bitget2025/01/23 17:11

PANews, Jan. 24 (Xinhua) -- President Donald Trump said during an appearance at the Davos Forum that he would encourage companies to “make products in the United States” or face tariffs, and promised to push through the largest tax cut bill in U.S. history. He criticized the Biden administration's loss of control over inflation and the border, and plans to quickly reverse radical leftist policies. In addition, he emphasized that the U.S. has the world's largest oil and natural gas reserves, which will be fully utilized to increase energy independence, and mentioned that it inherited $15 trillion in debt and that the cost of servicing that debt soared more than 230 percent from 2020 projections.

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