(30 Jun 2025)
RESTRICTION SUMMARY:
++BEGINS AND ENDS ON SOUNDBITE++
ASSOCIATED PRESS
Washington – 30 June 2025
1. SOUNDBITE (English) Kevin Hassett, National Economic Council Director:
“I think right now we’re focused on the Big, Beautiful Bill and really excited to see that it’s going to get passed by the 4th and then when it does pass, we’re going to see an explosion in revenue because the CBO score says there’s only 1.8% growth delivered by bill, we’re highly confident it’ll be at least 3% growth, maybe even more. And so, yeah, the Internal Revenue Service is going to have a lot of regulations to write and a lot revenue to collect.”
++BLACK FRAMES++
2. SOUNDBITE (English) Kevin Hassett, National Economic Council Director:
“If you look at this bill, it’s the biggest spending cut in history. It’s the biggest tax cut in history. If we don’t pass the bill, then we’re going to go almost immediately into a recession. It also secures the border and achieves all sorts of objectives that the president talked about on the campaign. And so, I would counsel people very much against voting against the bill. And I don’t expect that there are going to be many people who do that, because the bill makes so much sense. So, thank you guys so much for your attention.”
++ENDS ON SOUNDBITE++
STORYLINE:
Kevin Hassett, director of the White House National Economic Council, said on Monday that if President Donald Trump’s big bill after weekend of setbacks doesn’t pass the country will “almost immediately into a recession.”
“And so, I would counsel people very much against voting against the bill. And I don’t expect that there are going to be many people who do that, because the bill makes so much sense,” Hassett said.
Senators are hunkering down to consider proposed amendments to the bill.
The grind is expected to take all day Monday in what’s called a vote-a-rama and could churn into the night.
Senate Majority Leader John Thune acknowledges final action could slip.
The White House says it’s counting on Republican lawmakers to “get the job done.”
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