Former Rep. Pete King, while defending President Donald Trump’s One Big Beautiful Bill Act, told Newsmax that its tax cuts will expand the economy, despite the Congressional Budget Office and others using static numbers to report that the bill would raise the nation’s deficit.
“They have a very myopic view,” the New York Republican, appearing on Newsmax’s “Wake Up America Weekend” with former Rep. Jack Kingston, R-Ga., stated. “The fact is that whether it was under JFK, whether it was under Ronald Reagan, whether it was under Donald Trump back in 2017, the fact is, tax cuts do expand the economy.”
Tax cuts, he added, cause growth and let small businesses prosper.
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