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![NEWSMAX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20545835.png) NEWSMAX [@NEWSMAX](/creator/twitter/NEWSMAX) on x 3.4M followers
Created: 2025-07-05 11:00:00 UTC

President Trump's massive tax and spending bill will be seen as a "mass extinction event" that will cause the GOP to lose its majority in Congress, Democrat strategist James Carville said.

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**Related Topics**
[tax bracket](/topic/tax-bracket)
[trumps](/topic/trumps)

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