.@SecScottBessent: “When I think about the Working Families Tax Cut, One Big Beautiful Bill, what was beautiful about that bill is the symmetry of it. On one side, it was the powerful incentives: 100% expensing. And then, on the other side, the President’s four signature tax policies: No Tax on Tips, No Tax on Overtime, reduced taxes on Social Security—85% of our seniors will not pay taxes on Social Security—and deductibility on interest for American-made cars. You are powering this manufacturing and business boom, but at the same time, Americans get to keep more of their money.”

Treasury Secretary Scott Bessent highlighted the "Working Families Tax Cut" bill, emphasizing its dual approach of business incentives and tax relief for individuals. He detailed specific tax policies like no tax on tips and overtime, reduced Social Security taxes for seniors, and deductibility for interest on American-made cars.