President Trump, Governor DeSantis and Secretary Noem deliver remarks from the Alligator Alcatraz facility. WATCH:
During a tour through Alligator Alcatraz (raw feed below) President Trump and DHS Secretary Noem were asked about the legality of CNN Promoting an ICE Block app to help illegal aliens avoid capture and detention. WATCH:
The final vote was 51-50, with Vice President JD Vance breaking a tie. Republican Senators Susan Collins, Rand Paul and Thom Tillis of North Carolina joined Democrats and voted no. WATCH:
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The Big Beautiful Bill now returns to the House for final vote and passage.
President Donald Trump and DHS Secretary Kristi Noem meet with Florida Governor Ron DeSantis at the new illegal alien detention and transfer facility known as Alligator Alcatraz.
All three government leaders held a brief presser on the tarmac at the transitional airport. WATCH:
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Chopper pressers are the best pressers. As President Trump departs the White House for a trip to an illegal alien detention center called “alligator Alcatraz” in Florida, he pauses to talk to the assembled press pool. WATCH:
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President Trump notes the financial motives behind Elon Musk’s opposition to the Big Beautiful Bill.
[Source]
Musk has previously said his opposition to the bill stems from the fiscal spending and aggregate, unsustainable national debt issue. However, as President Trump and NEC Director Kevin Hassett have noted, the debt issue is a combination of spending and growth. The economic goals of the administration are to grow the economy at a GDP rate larger than 3%, while simultaneously using the Office of Management and Budget to curtail spending allotments from congress.
White House National Economic Council Director Kevin Hassett appears on Fox News to outline some of the background details of the Big Beautiful Bill. Interestingly, after happy Hassett outlines the specifics of the benefits within the bill, he dodges a question about possibly becoming the next Fed Chairman. 🤔… A Happy Fed Chair?
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“Elbows up” and knees bent. As expected given the nature of their dependency, the Canadian government has rescinded the digital services tax against U.S. tech companies.
The June 30th collection is halted and the Canadian government led by Mark Carney will be bringing legislation to rescind the tax entirely.
CANADA – […] Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced today that Canada would rescind the Digital Services Tax (DST) in anticipation of a mutually beneficial comprehensive trade arrangement with the United States. Consistent with this action, Prime Minister Carney and President Trump have agreed that parties will resume negotiations with a view towards agreeing on a deal by July 21, 2025.
The DST was announced in 2020 to address the fact that many large technology companies operating in Canada may not otherwise pay tax on revenues generated from Canadians. Canada’s preference has always been a multilateral agreement related to digital services taxation. While Canada was working with international partners, including the United States, on a multilateral agreement that would replace national digital services taxes, the DST was enacted to address the aforementioned taxation gap.
The June 30, 2025 collection will be halted, and Minister Champagne will soon bring forward legislation to rescind the Digital Services Tax Act. (LINK)
In the bigger picture Canada has a serious problem.
President Trump discusses the last two weeks with Fox News Maria Bartiromo. The interview is broken down into a few segments below. WATCH:
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In the second segment below, President Trump discusses the Big Beautiful Bill.
Michael Smirconish recaps an incredible week for President Trump’s administration filled with major wins. WATCH:
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CTH has continually said that almost no one in Canada has any grasp of what is about to happen within their economy, specifically because only a handful of people realize what President Trump intends to do.
This interview with Kevin O’Leary is a case study in what I have been warning about. If you have any financial affiliation with O’Leary Ventures or ancillary investments that touch on a dependency therein, be forewarned.
O’Leary is only a few months away from exploding against President Trump in a manner that will make the Elon Musk statements about Epstein and Trump seem small by comparison. As yet another Canadian financial voice that just doesn’t get it, O’Leary has no idea the USMCA is about to end. And when it does, oh boy… he will go bananas.
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