Fox Business anchor David Asman criticized President Trump's Big, Beautiful Bill as a horrible piece of legislation during a discussion on Fox News. Despite his discontent with the bill, he stressed the importance for Republicans to support it to avoid tax increases that could arise from the expiring 2017 tax cuts. Asman drew parallels to Ronald Reagan's views on deficits, arguing that tax cuts stimulate economic growth, reducing the government's claim on the economy, which is essential for a thriving private sector.
Asman stated that despite his criticisms of Trump's legislation, it's crucial for Republicans to support the bill to prevent tax increases for Americans.
David Asman criticized Trump's bill as inefficient but acknowledged that Republicans should support it to avoid far worse political repercussions.
He emphasized that the key to a healthy economy is to ensure the government becomes less of a factor compared to the private sector.
Asman referred to Ronald Reagan's ideas on deficits, arguing that reducing government claims on the economy is essential for economic growth.
Collection
[
|
...
]