00:00This country is going to have a 65% increase in taxes and lots of other problems, big problems, almost bigger than that.
00:07We will be negotiating that bill, and I'm not happy about certain aspects of it, but I'm thrilled by other aspects of it.
00:14That's the way they go. It's very big.
00:16Mr. President, Elon Musk in a television interview criticized the one big, beautiful bill, saying he was disappointed it didn't cut enough, essentially, that it undercut the Doge efforts.
00:27What's your reaction to that?
00:27Well, the reaction's a lot of things. Number one, we have to get a lot of votes. We can't be cutting.
00:35You know, we need to get a lot of support, and we have a lot of support.
00:39We had to get it through the House. The House was—we have no Democrats.
00:43You know, if it's up to the Democrats, they'll take the 65% increase.
00:46You know, if that doesn't get approved, this country is going to have a 65% increase in taxes and lots of other problems, big problems, almost bigger than that.
00:56But we'll have a 65% increase as opposed to the largest tax cut in the history of our country.
01:02We will be negotiating that bill, and I'm not happy about certain aspects of it, but I'm thrilled by other aspects of it.
01:11That's the way they go. It's very big. It's the big, beautiful bill.
01:14But the beautiful is because of all of the things we have.
01:17The biggest thing being, I would say, the level of tax cutting that we're going to be doing.
01:24We're going to make people really be able to—we'll have one of the—we'll have the lowest tax rate we've ever had in the history of our country.
01:31And tremendous amounts of benefit are going to the middle-income people of our country, low- and middle-income people of our country.
01:39So we're going to see what happens because the Senate, as you know, is negotiating with us, and they have to then go back to the House.
01:45And, you know, it's got a way to go.
01:47But I have to say, Speaker Johnson and Thune have done an incredible job.
01:53John Thune has done a fantastic—leader Thune—a fantastic job.
01:57And they're working together with me and others. And I think we have an amazing—if we pull this off—remember, we have zero Democrat votes because they're bad people.
02:06There's something wrong with them. You know, they're—they'll let people pour into our country.
02:11The single biggest problem is we had 21 million people pour into our country, probably higher than that.
02:17And they're people that weren't supposed to be here. And many of those people are bad.
02:21Murderers, drug dealers, the mentally insane.
02:25They were closing mental institutions all over the world, not South America—all over the world.
02:30They're coming into our country, and we're getting them out.
02:32And we're having a hard time because some judges aren't making it very easy for us, and it's tough enough.
02:37They approved that. They allowed that to happen to our country.
02:40We don't have one Democrat vote.
02:43And if I were a Democrat, I'd be voting for this bill, and I'd get elected to any position I want as a Democrat.
02:48They're crazy. They're voting for a 65 percent tax increase, and they're only doing it for hatred.
02:55They're not doing it for any reason. They know it's terrible. Terrible politics, in my opinion.
03:00But—so we have no Democrat votes. That means we have to get almost all Republican votes.
03:05And I think we're very close to doing that. I think it'll be very successful. Yeah, please.
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