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 most important of its kind in history, gives the largest Tax Cuts and Border Security ever, Jobs by the Millions, Military/Vets increases, and so much more. The failure to pass means a whopping 68% Tax increase, the largest in history!!!," he posted.

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