Fact-check · Sep 12, 2026 · Donald Trump
“It's the largest tax cut in American history”
MISLEADINGSaid in 6 broadcasts
What the record shows
The One Big Beautiful Bill (2025) ranks sixth largest in American history by percentage of GDP, third largest since 1980 when including the 2017 tax cuts. In nominal dollars only, it would be largest due to inflation and economic growth.
Sources
- Is President Trump's Tax Cut the Largest in History? | Committee for a Responsible Federal Budget
- Tax History Museum
- Largest Tax Cut in History? - FactCheck.org
- Fact Check: Did Trump Pass the Largest Tax Cut in History, as He Says? - Newsweek
- Is the OBBBA the “Largest Tax Cut in American History?”
- Is President Trump's Tax Cut the Largest in History Yet? | Committee for a Responsible Federal Budget
From: President Trump Delivers Remarks to U.S. Embassy Personnel and Business Leaders
Every time it was said
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