Overview
- The White House scheduled a Tax Day briefing with Press Secretary Karoline Leavitt joined by Treasury Secretary Scott Bessent and SBA Administrator Kelly Loeffler to promote the administration’s tax agenda.
- Leavitt said the session will focus on what the administration calls historic tax cuts and will include questions from reporters.
- President Trump has argued refunds will be substantially larger this year because of the One Big Beautiful Bill Act of 2025, which he signed last summer.
- He has highlighted specific changes he says help workers and seniors, including no tax on tips, certain Social Security exemptions, no tax on overtime, and interest deductions on car loans.
- House Speaker Mike Johnson described the package as the first permanent tax rate reductions since 1986 and branded it the Working Families Tax Cuts, while critics warned the changes could strain federal revenue and widen deficits.