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Trump Touts Tax Cuts, Immigration Measures in Megabill as Senate GOP Races to Advance Package

by Jacob Burg, The Epoch Times
June 27, 2025
Heaven's Harvest

(The Epoch Times)—President Donald Trump, during an event at the White House on Thursday, highlighted the tax cuts and immigration funding efforts included in his One Big Beautiful Bill Act as Senate Republicans race to pass the key piece of the president’s legislative agenda ahead of their deadline.

“Thank you all for being here to support one of the most important pieces of legislation in the history of our country,” Trump said. “The One Big Beautiful Bill to secure our borders, turbocharge our economy, and bring back the American dream.”

White House press secretary Karoline Leavitt said earlier on Thursday that Trump expects the bill to reach his desk by July 4, and Senate Majority Leader John Thune (R-S.D.) has set the same deadline for his Republican colleagues.

The One Big Beautiful Bill Act—a critical piece of legislation advancing core aspects of Trump’s sweeping policy agenda—is facing uncertainty after the Senate parliamentarian rejected a GOP plan to cap states’ use of health care provider taxes to collect additional federal Medicaid funding.

That provision was intended to offset many of the large costs expected from making Trump’s business tax cuts permanent, which are a key portion of the bill.

“We’ll make the Trump tax cuts permanent, expand the child tax credit, and we will deliver no tax on tips, no tax on overtime, and no tax on Social Security for our great seniors,” Trump said on Thursday.

Now, Senate Republicans are racing against Trump’s self-imposed July 4th deadline to rewrite portions of the bill to pass it before next week’s holiday. The Senate parliamentarian, Elizabeth MacDonough, made the decision in line with the “Byrd Rule,” which allows reconciliation bills to move forward if they’re only related to taxes, government revenue, and the national debt.

Reconciliation avoids the usual 60-vote Senate filibuster threshold, which would likely prevent Trump’s bill from passing due to a lack of bipartisan support.

JD's Aggregator

The bill also contains additional funding for immigration enforcement, a key provision that Trump highlighted on Thursday. He said the bill offers a “big number of dollars” to keep the border secure and to assist in his “record number of deportations.”

Trump described the bill as the “single most important piece of border legislation ever to cross the floor of Congress,” which will allow his administration to hire 3,000 new border patrol officers and 10,000 new Immigration and Customs Enforcement (ICE) agents.

He called on Paul Perez, president of the National Border Patrol Council, to speak on congressional Republicans’ efforts to pass the bill.

“President Trump made promises that he’s kept. Now it’s time for Congress to back him up,” Perez said. “We’ve got the funding, we’ve got the technology. We need everything in that bill to get it done so that no more families are victimized.”

Trump’s border czar, Tom Homan, criticized the lawmakers opposing the bill.

“I think this issue, the Big Beautiful Bill, should be nonpartisan,” Homan said. “We’ve got over 600,000 illegal aliens with criminal histories walking the streets of this country. We’ve got less than 5,000 deportation officers.”

He said if the bill is passed, that means more ICE agents, beds, transportation, and flights for deportation efforts.

“More agents mean more bad guys arrested, taken off the streets of this country every single day,” Homan said. “We need money to help secure that border at a higher level, stop the fentanyl from coming in, stop the sex trafficking of women and children. Stop the known, suspected terrorists coming across that border.”

Jackson Richman contributed to this report.

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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA

Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.

Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.

Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.

Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.

For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.

Lower Costs and Better Liquidity for Home Storage

When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:

  • You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
  • Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
  • Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
  • Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
  • Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.

In times when quick access to value becomes important, bullion’s simplicity stands out.

Stronger Fit for Precious Metals IRAs

Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.

Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.

Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.

Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.

How to Get Started with Bullion

Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.

Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.

As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.

For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.

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