Republican Senator Ron Johnson warns against opposing the Donald Trump tax bill

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The pioneering Republican critic of the Pioneer Tax Law in Donald Trump in the US Senate warned of the increasing concerns within the party about its financial impact, which caused pressure on the president from the deepest discounts of spending.

In a wide interview with The Financial Times on Tuesday, Republican Senator Ron Johnson He said that he would explain his vote on IronClad’s assurances that the White House is lowering more federal spending in a second major draft law before the renewal elections next year.

“I need to make sure that there will be another bite of apples. We will have another inevitable budget Sinator Wisconsin said: This is our chance, and I do not think we can explode it. . . I dig my punishment. “

Johnson is among the highest votes in Capitol Hill, which raised concerns about the cost of what Trump called “his big and beautiful bill”, and his vote may kill his progress in Congress.

He called for a decrease in government spending to prenatal levels-and FT told that opposition to legislation was growing in the Senate.

“There are many members of the Senate who are interested in this,” he said. “We support the direction of the bill. It does not go far enough,” and “more and more people realize these types of problems.”

Johnson said his “case” was strengthened by Elon Musk, a billionaire supporter in Trump, who fell stunning with the president last week after he mocked the tax law as “disgusting abomination.”

The draft law will extend Trump’s tax cuts for 2017 while reducing social programs, raising debt roof, or reducing government borrowing, by 5 meters. A non -party budget office said last week that it would add $ 2.4 trillion to US debt by 2034.

Johnson, who spent contracts for a family-owned plastic manufacturer before he was elected to the Senate in 2010, is greatly affected by the Capitol Hill at a time when Republicans control the Senate by 53-47.

Several members of the other Republican Senators – including his finance colleague, Rand Paul from Kentucky, Mike Lee from Utah and Rick Scott in Florida – raised alert about comprehensive legislation.

Johnson said the investor’s reaction to the legislation was also worried.

Johnson said: “Look at the bond market,” Johnson said. “It should be related to people.”

In response to a question about whether Jay Powell, Federal Reserve Chairman Jay Powell, should reduce interest rates as Trump demanded, Johnson said that it is no longer up to the US Central Bank manager.

“He is out of his will. The bond buyers are controlling this now.”

The draft spending law passed by a small difference in the House of Representatives last month and Trump wants a year by July 4. Johnson said the schedule was “somewhat optimistic.”

Senator spoke to FT in his office in the Capitol office hours after he described it as a “very good meeting” with Vice President JD Vance and the director of the National Economic Council Kevin Haysate.

He said that the White House was taking his concerns about the deficit in the United States “seriously.”

He said: “Trump knows that I know my numbers. He knows that I am sincere about this, and for this reason his economic team directed to work with me.”

Johnson, 70, described himself as a “great supporter” of Trump, describing him as a “unique personality”, but added: “My loyalty is the highest of my children and grandchildren, and we literally mortgage their future. This is immoral.”

Johnson also refused to threaten Trump’s loyalists against him in the Republican primaries, saying that he did not decide whether he would be nominated for his re -election when his current term increased in 2028.

“I think this may be a miscalculation of the White House … it is much easier to distort the arms of members of the House of Representatives (from the Senate members),” he said. “The preliminary elections by President Trump … in the Republican Party today, this may be the death penalty for your political profession.”

But he added, “I will be happy to return home. Maybe I prefer to go home.”