Governor Hochul Responds to President Trump's Tax and Spending Bill

President Trump Signs Sweeping Domestic Policy Bill

• 🚀 President Trump signed a sweeping domestic policy bill into law, celebrated with fighter jets and fireworks.
• 💰 The bill is described as including the largest tax cut and largest spending cut in American history, totaling $1.7 trillion.

Congressional Budget Office Analysis

• 📊 The Congressional Budget Office estimates the bill could add $3.4 trillion to the nation's debt over the next decade.
• ⚠️ Steep cuts to Medicaid are projected, potentially causing 11.8 million Americans to lose health insurance.

Public Reaction and Protests

• 🗣️ Despite the CBO's findings, President Trump touts the bill as the "most single most popular bill ever signed."
• ✊ Protesters across the country, including in New York City, gathered outside Trump Tower to express anger over potential elimination of healthcare coverage.

International Trade and Tariffs

• ✈️ President Trump announced he has signed letters to 12 countries outlining proposed tariff rates, to be sent out on Monday.
• ⏳ The president's three-month window for negotiating trade deals with other countries is nearing its close.