**Breaking News: Treasury Secretary Scott Bessent Unveils Urgent Timeline for Major Tax Bill**

In a high-stakes announcement on Capitol Hill, Treasury Secretary Scott Bessent addressed pressing questions regarding the much-anticipated tax bill, dubbed the “big, beautiful bill.” Bessent’s remarks come as both the House and Senate race against the clock to finalize a deal, with a potential resolution looming within the next 24 to 48 hours.

During a live briefing, Bessent emphasized bipartisan cooperation, revealing that a successful lunch meeting with senators has set the stage for significant progress. “I think we are on track for a hopeful resolution by Friday, right before July 4th,” he stated, underscoring the administration’s commitment to economic growth through tax and trade reform.

However, Bessent acknowledged the looming threat of judicial interference that could derail their plans, particularly regarding tariff income. “The only thing that would change is if the courts interfere with the president’s right to set the trade agenda,” he warned, hinting at potential complications ahead.

As concerns mount over the bill’s impact on the national deficit—projected to add trillions over the next decade—Bessent defended the administration’s approach. He asserted that the Congressional Budget Office’s static scoring fails to account for expected economic growth, a point of contention that has drawn criticism from various sectors.

With Social Security’s solvency at risk, Bessent reiterated the urgency of addressing short-term issues before tackling long-term reforms. “We need to get the short-term taken care of before we can focus on the long-term,” he insisted.

As the clock ticks down, all eyes are on Capitol Hill. Will the “big, beautiful bill” make it to President Trump’s desk in time? The coming days will be crucial as negotiations intensify and the stakes grow higher. Stay tuned for updates on this developing story.