President Donald Trump gave a spirited crowd in Michigan on Tuesday a head’s up about what is in store later this year following the first 100 days of his second term: tax cuts while preserving Medicaid and Social Security for seniors.

“It’s going to be better when you see the results of some of the things that we’re doing in the coming weeks and months,” Trump said at Macomb Community College in the Detroit suburb of Warren during a rally that aired live on Newsmax and the Newsmax2 free online streaming platform.” “We will pass the largest tax cuts in American history, and that will include no tax on tips, no tax on Social Security, no tax on overtime.

“It’s called the one big, beautiful bill. And it will be the biggest bill ever passed in our country’s history. It will include the biggest tax cuts, regulation cuts, military supremacy, and just about everything else. We will cut more than $1 trillion in wasteful and unnecessary spending. And in the next fiscal year, it will all be done. We’re going to have something that you won’t even believe. … The average family’s take-home pay will be at least $5,000 more than it was just a couple of months ago.”

Read more at Newsmax© 2025 Newsmax. All rights reserved.