Trump Touts Economic Turnaround and Tax Breaks Ahead

In a national address, President Trump criticized the Biden administration's economic policies and highlighted his past accomplishments, including major tax cuts and a $18 trillion investment. He promised more dividends for military personnel and upcoming economic opportunities, emphasizing tariffs' role in revitalizing America's economy.


Devdiscourse News Desk | Updated: 18-12-2025 10:43 IST | Created: 18-12-2025 10:43 IST
Trump Touts Economic Turnaround and Tax Breaks Ahead
US President Donald Trump (Photo/ YouTube@WhiteHouse). Image Credit: ANI
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  • United States

In a recent address, U.S. President Donald Trump issued a scathing critique of the Biden administration, accusing it of hiking prices that have burdened the nation. Trump's speech lauded the 'Big beautiful bill', anticipating visible results of the most substantial tax cuts in U.S. history by 2026.

Highlighting economic recovery, Trump stated, "The last administration looted our treasury, leading to unprecedented price hikes. I am reversing this trend rapidly," He claimed, attributing this turnaround to tariffs encouraging companies to establish factories in the United States, reinvigorating domestic economic growth.

Trump projected an unparalleled economic boom as the nation prepares to host prestigious global events and mark its 250th Independence anniversary. He also announced a 'warrior dividend' for over 1,450,000 military members. This move comes amid efforts to recalibrate his administration's economic message. (ANI)

(With inputs from agencies.)

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