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It’ll be largest tax, regulation cut — Trump reacts to House’ budget framework passage

Published on April 10, 2025 at 04:34 PM

President of the United States of America, Donald Trump, has lauded the House for speedy passage of his multi-trillion budget framework aimed at driving his reforms, including tax cuts and spending on defence, energy, and immigration policy.

Trump disclosed this in a statement he shared on his Truth Social account Thursday.

According to Trump, the budget framework approval by the House set the stage for one of ‘the Greatest and Most Important Signings in the History of America.'

He stressed that the budget, among other things, will bring about the largest tax and regulation cuts.

“Congratulations to the House on the passage of a bill that sets the stage for one of the greatest and most Important Signings in the History of our country. Among many other things, it will be the largest tax and regulation cuts ever even contemplated. Make America Great Again,” he wrote on Truth Social.

DAILY POST reports that House Republicans have approved a multitrillion budget framework on Thursday by a vote of 216 to 214.

Reacting, US Secretary of Treasury Scott Bessent said the vote in support of the budget is a statement of purpose and strength for Trump's administration.

“This vote is more than a budget win; it’s a statement of purpose and strength, which affirms the Trump Administration’s commitment to delivering growth and opportunity.

“I am greatly encouraged by the incredible Republican unity under President Donald J. Trump’s leadership and the historic speed by which the House is acting to stand with American taxpayers and job creators.

“The Trump Administration will continue pushing for the certainty, simplicity, and stability that will unlock long-term prosperity for all Americans,” he stated on his X account on Thursday.

The US Senate had passed the budget framework on Saturday.

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