
Stuart Varney: Trump’s ‘big, beautiful bill’ is a win for business and workers
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Diverging Reports Breakdown
Trump and Cruz’s ‘No Tax on Tips’ plan passes Senate with unexpected help from Dem
Sen. Jacky Rosen, D-Nev., took to the floor to speak in support of “No Tax on Tips” She lodging a unanimous consent request — a motion to pass the measure right away unless anyone present objected. Rosen said her plan includes “strong guardrails” against business executives potentially exploiting “loopholes” in the new, tax-free income of their employees. The bill would exempt cash tips and card-charged gratuities from federal income tax via a 100% deduction come Tax Day. “It’s not the be-all end-all, but it’s going to offer immediate financial relief while the Senate continues to work to lower costs and find other avenues of relief for hard-working families,” Rosen said. “I agreed we need to get this done. It’s not a time for politics,” she added. “This legislation will have a lasting impact on millions of Americans”
Sen. Jacky Rosen, D-Nev., took to the floor to speak in support of “No Tax on Tips” before lodging a unanimous consent request — a motion to pass the measure right away unless anyone present objected.
Hearing no objections, Senate presiding officer Cynthia Lummis, R-Wyo., announced the “No Tax on Tips” bill had passed.
“No Tax on Tips was one of President Trump’s key promises to the American people, which he unveiled in my state of Nevada — and I am not afraid to embrace a good idea, wherever it comes from,” Rosen said of the bill originally drafted by Cruz, R-Texas.
LAS VEGAS RIDESHARE DRIVERS LAUD TRUMP’S AWESOME NO TAX ON TIPS PLAN AS HARRIS HOLDS RALLY ACROSS TOWN
Cruz’s bill, which Rosen signed onto, would exempt cash tips and card-charged gratuities from federal income tax via a 100% deduction come Tax Day.
“President Trump made a promise to the American people that he would eliminate taxes on tips. In Congress, I formed a bipartisan, bicameral coalition to get that done, and in the Senate introduced the No Tax on Tips Act,” Cruz said in a statement to Fox News Digital.
“Tuesday, I went with Senator Rosen to the floor to secure Senate passage of the bill. This legislation will have a lasting impact on millions of Americans by protecting the hard-earned dollars of blue-collar workers, the very people who are living paycheck-to-paycheck.”
However, Rosen also stated her preference that the measure be approved separately from House Republicans’ “big, beautiful budget bill,” which she in turn criticized.
Rosen called the House’s version rife with “poison pill[s]” that she said will cut Medicaid, SNAP and other funding and “give more tax breaks for billionaires and the ultra-wealthy.”
In turn, Rosen said her plan includes “strong guardrails” against business executives potentially exploiting “loopholes” in the new, tax-free income of their employees.
“I agreed we need to get this done. It’s not a time for politics, it’s a time for progress for hard-working Americans,” Rosen added in her floor remarks.
NORQUIST: ALL THE REASONS TRUMP’S TAX-FREE TIPS PLAN IS BRILLIANT
A spokesperson for Rosen told Fox News Digital the senator was outraged at Republicans for “playing politics” by adding the standalone bill to their larger budget framework.
“Our office ran a hotline on both sides of the aisle and, after seeing no objections, Senator Rosen went to the floor to pass this bipartisan bill by itself and without any poison pills,” the spokesperson said.
“In doing so, Senate Democrats are showing we can deliver tax relief for working-class families without Republicans’ extreme cuts to Medicaid and SNAP.”
After Lummis declared the bill passed “without objection,” Rosen called it “great news for Nevada.”
“Our hospitality and service staff — they’re working harder than ever while being squeezed by rising costs. And this bill, it’s not the be-all end-all, but it’s going to offer immediate financial relief while the Senate continues to work to lower costs and find other avenues of relief for hard-working families,” she said.
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In terms of the House’s consideration, Cruz said that the lower chamber should quickly pass their version and send it to Trump for his signature.
Trump announced his plan from the Silver State to end taxation on gratuities just before then-Democratic presidential nominee Kamala Harris did.
Nevada’s gaming and hospitality industry is one of, if not the nation’s largest per-capita in terms of employment — and Fox News Digital spoke at the time with rideshare drivers at the MGM Grand, who were overjoyed that attention was finally drawn to the idea.
One driver, who said he was a registered Democrat, commented that he would be switching his vote to Trump because of how important the issue was to him.
The Entire World Is Pissed at Trump—and It May Cost the U.S. Big Time
In Sweden and Denmark, people are calling for a boycott of American companies, including McDonalds, Amazon, and KFC. A Danish Facebook group, Boykot varer fra USA, has over 70,000 members.
“I have been in the group for a few days and can already feel my joy at my increased consumer awareness,” one user posted.
And across the world, electric vehicle buyers are refusing to buy Teslas in rejection of Elon Musk’s shadow presidency, his support for the far-right German party AfD, his hand gesture that looked like a Nazi salute, his slashing of federal funding through the Department of Government Efficiency … the list goes on.
Fox Host Pushes Back Hard on Trump Commerce Secretary’s Tariff Claims
The measles vaccine is effective for some people for life, but for many people it wanes. The side effects of the measles vaccine are “usually mild and go away on their own,” according to the CDC.
To put it simply, within one interview, Kennedy suggested people might be better off just letting themselves get sick—promoting the spread of the deadly illness that has already infected more than 220 people across several states, resulting in the death of at least one child. Then, the health secretary said that people could get the vaccine, but suggested that it was just as dangerous as contracting a viral illness.
The Centers for Disease Control states that the MMR vaccine is the safest way to protect against measles, and is “much safer than getting measles, mumps, or rubella.” The side effects of the measles vaccine are “usually mild and go away on their own,” according to the CDC.
Fox’s Stuart Varney Declares Job Numbers ‘Very Good’ for Biden: ‘Does NOT Look Like We are Headed for Recession’
Fox Business anchor Stuart Varney offered rare good news for President Joe Biden following the Bureau of Labor Statistics release of February job numbers.Varney appeared on Fox & Friends Friday morning just minutes after news of payroll employment rising by 311,000. Varney flatly said that “these are very good numbers for President Biden. He’ll make the most of them.”
Varney appeared on Fox & Friends Friday morning just minutes after news of payroll employment rising by 311,000 — which is significantly higher than the 200,000 that experts expected — Varney flatly said that “these are very good numbers for President Biden.”
Brian Kilmeade tossed to Varney, saying, “you like this number,” to which Varney replied, “Well, I don’t necessarily like it. It’s stronger. It’s typical of a strong jobs market. If you think we’re going to go into recession, this strong jobs number will talk you out of it. It does not look like we’re heading towards a recession.”
“These are very good numbers for President Biden. He’ll make the most of them. They’re good numbers for Main Street because clearly, employers are hiring,” he continued. “There’s plenty of jobs out there.”
And in the event you might think that Varney was entirely optimistic about a Biden-led economy, he hedged just a bit, adding, “But I think eventually it’ll be bad news for interest rates and Wall Street eventually.”
Many on Fox News have insisted that an economic recession is imminent under the Biden administration. However, those dire predictions have not yet come to pass, though inflation is still very high.
Watch above via Fox News.
Source: https://www.foxbusiness.com/video/6373233846112