Karl Mehta Profile picture
Jul 5 13 tweets 4 min read Read on X
President Trump just hosted a ceremony at the White House.

One by one, Trump delivered major announcements on the Big Beautiful Bill and what's coming next—directly to the American people.

Here’s everything you should know (and no joke, it gets crazier the further you read): 🧵 Image
1/ The Historic Legislative Victory

Trump just signed the largest omnibus bill in American history:

• $4.5 trillion in tax cuts made permanent
• $1.7 trillion in spending cuts
• Combined 6-7 separate bills into one package
• Signed on July 4th for maximum symbolic impact
2/ The Political Consolidation Masterclass

Trump's approach to getting this passed:

• Made the bill so comprehensive every member found something to support
• "No matter who you are, there was something in that bill for you"
• Final House vote: 218-214 (not a single Democrat voted yes)
3/ The Tax Revolution Details

What Americans get immediately:

• No tax on tips (permanent)
• No tax on overtime (permanent)
• No tax on Social Security (permanent)
• Child tax credit raised to $2,200
• Estate tax completely eliminated
4/ The Border Security Investment Scale

Unprecedented funding for immigration enforcement:

• $46.5 billion for border wall construction
• $45 billion for detention capacity expansion
• $30 billion for ICE resources
• 10,000 new ICE agents by 2029
5/ The Social Program Cuts Reality

Congressional Budget Office projections:

• 11.8 million Americans will lose Medicaid coverage
• 4.7 million will lose SNAP benefits over next decade
• New work requirements for able-bodied adults
• $1 trillion in welfare cuts—largest in modern history
6/ The Energy Policy Reversal

Trump's "America First" energy agenda:

• "Coal is back. Beautiful clean coal"
• 100% expensing for new manufacturing investments
• "Hundreds of factories, including car plants and AI" coming to America
• Reversal of green energy subsidies
7/ The Debt Ceiling Maneuver

Hidden in the bill's fine print:

• Debt ceiling raised by $5 trillion
• Total deficit impact: $3 trillion added
• Interest payments will hit $2 trillion annually by 2034
• Bypassed Democratic negotiations
8/ The Military Modernization Promise

Trump's "Golden Dome" defense announcement:

• Billions allocated for advanced missile defense system
• "We're calling ours Golden Dome because we do everything better"
• Military modernization beyond first-term rebuilding
9/ The Border Crossing Achievement

Trump's immigration enforcement results:

• "Zero people crossed our border last month. Zero illegal people."
• After Biden let "21 million people" enter
• Military families from Whiteman Air Force Base honored for Iran operations
10/ What Trump Says Is Coming Next

Trump's closing promise at the signing ceremony:

"We're going to make sure elections are not rigged, that they're fair. You need strong borders and fair elections."

• Election integrity investigations promised
• More bilateral trade deals coming
11/ Why This All Matters

This delivers transformational change for American families:

• Working families keep more money
• Secure borders protect communities from gangs and drug cartels
• American manufacturing boom creates millions of jobs
• Simplified government focused on results, not bureaucracy
Thanks for reading.

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More from @karlmehta

Jul 4
Major Breakthroughs in Startup Tax Law.

Trump just signed the biggest tax overhaul for entrepreneurs in decades into law.

The QSBS expansion includes THREE game-changing benefits most investors don't know about yet.

You won't believe what you're about to hear.

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GAME-CHANGER #1: The 5-Year Cliff is Dead

The old system was a trap, wait 5 years or lose everything.

New tiered exclusions:

• 50% tax-free gains at 3 years
• 75% tax-free gains at 4 years
• 100% tax-free gains at 5+ years

This single change revolutionizes exit timing. Image
The numbers don't lie.

Founder with $8M in gains after 4 years:

Old system: $1.6M+ straight to the IRS
New system: Only $400K in taxes (75% exclusion)
Result: $1.2M stays in your pocket.

That's wealth preservation at scale.
Read 13 tweets
Jul 3
The UK economy just hit a devastating tipping point that should terrify every British household.

For the first time in two years, disposable income is collapsing at record speed.

Here's what's driving the decline—and why Starmer's key economic promise just imploded.

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Q1 2025: UK becomes fastest-growing G7 economy at 0.7%.

Same quarter: Household disposable income drops 1% — sharpest decline since 2023.

This contradiction reveals something critical about Britain's economic reality. Image
December 2024: Keir Starmer sets his government's key milestone.

"We will measure progress through higher Real Household Disposable Income per person by end of parliament."

5 months later: Real disposable income declined instead.
Read 14 tweets
Jun 29
The world's most valuable AI company is hemorrhaging its brightest minds — and the reason why will shock you.

Since 2023, OpenAI has lost 10+ key leaders including its CTO and Chief Research Officer.

But the real story isn't who left — it's where they're going... (thread) Image
Image
The numbers are devastating.

Only 3 of @OpenAI's original 11 founders remain.

In September, the CTO, Chief Research Officer, and VP of Research quit on the same day.

This isn't normal turnover. This is systematic abandonment. Image
There's a photo from March 2023 showing OpenAI's leadership team.

Today, only Sam Altman remains.

Every other executive fled to the same competitor: Image
Read 13 tweets
Jun 28
President Trump just hosted a press briefing at the White House.

One by one, Trump and Pam Bondi delivered major announcements and clues on what's coming next—directly to the American people.

Here’s everything you should know (and no joke, it gets crazier the further you read): Image
1/ The Supreme Court Double Victory

Two massive 6-3 Supreme Court rulings announced simultaneously:

• Nationwide injunctions effectively dead
• Parental rights restored in schools

But this was just the beginning of what Trump revealed...
2/ The Immediate Policy Avalanche

Policies now moving forward without court interference:

• Birthright citizenship (30-day countdown)
• Sanctuary city funding cuts
• Refugee resettlement suspension
• Federal transgender surgery funding stopped
Read 13 tweets
Jun 27
Major Breakthroughs in US-China Trade Negotiations.

The critical minerals standoff just ended with a breakthrough agreement signed yesterday.

Trump secured THREE key commitments from Beijing the media isn't reporting.

You won't believe what you're about to hear.

A Thread 🧵 Image
After two months of economic warfare that crippled American factories, US and Chinese negotiators met in London this week.

The result? A framework agreement that changes everything.

But the strategic implications run much deeper.
Context is critical.

April 4: China imposed export licensing on seven rare earth elements essential for defense systems, automotive production, and clean energy.

The economic weapon was devastating. Image
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Jun 26
Sec. of State Marco Rubio's new interview just went viral.

And he's NOT talking about defense spending.

Instead, he revealed mind-blowing facts about underground warfare & nuclear strikes that 99% of Americans wouldn't know.

Here are my top 8 takeaways from his interview: 🧵 Image
1/ Rubio now holds two positions simultaneously:

Secretary of State and National Security Advisor simultaneously.

First person since Henry Kissinger in 1975.

Trump also made him Acting USAID Administrator and Acting National Archivist.

Four major roles under one person.
2/ Strategic patience in action:

Rubio revealed Trump's actual decision-making style.

"Tremendous strategic patience to do a limited operation and then move off the mark."

Defined goals, executed precisely, then stopped. Not the impulsive leader critics claim.
Read 14 tweets

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