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President Donald Trump said America is “BOOMING” as he highlighted economic improvements and a closed border on Friday.
The president shared the encouraging words on his Truth Social profile ahead of the weekend.
“Prices are down, income is up, our Border is closed, gasoline is CHEAP, inflation is DEAD — Our Country is BOOMING! Companies are pouring into America like never before!” he wrote.
The White House is also touting the president’s “One Big Beautiful Bill” as a significant move to reduce federal spending, countering criticisms that the legislation lacks substantial fiscal restraint in a new article pushing against the “myths” against it.
In a statement released Thursday, the administration emphasized that the bill includes $1.7 trillion in mandatory savings, marking what officials describe as the most substantial spending reductions since the 1990s.
“This is an opportunity to cement real savings on mandatory spending programs into law,” said Dan Bishop, Deputy Director of the Office of Management and Budget.
The legislation introduces permanent changes to programs like Medicaid and the Supplemental Nutrition Assistance Program (SNAP), aiming to enforce stricter eligibility requirements and eliminate funding for certain services. The administration asserts that these measures will save taxpayers hundreds of billions of dollars.
Critics argue that the bill disproportionately affects low-income Americans and could lead to millions losing access to essential services. However, the Congressional Budget Office estimates that the bill could add up to $3.8 trillion to the national debt over the next decade, raising concerns among fiscal conservatives and economists alike.
In addition to the bill’s provisions, Trump has proposed a $163 billion reduction in non-defense discretionary spending in his 2026 budget plan, representing a 22 percent cut from current levels.
The administration also submitted rescission packages to Congress, aiming to retract previously approved funding deemed unnecessary or wasteful. The push includes efforts to end federal funding for NPR and PBS. The Corporation for Public Broadcasting received $1.1 billion in U.S. tax dollars, according to the White House Office of Management and Budget.