The U.S. President is willing to delay the final passage of the large tax expenditure bill.

According to the Gate News bot, CCTV reported that the President of the United States issued a statement on July 1, expressing a willingness to postpone the final deadline for an important tax and spending bill. He promised to remain moderate in terms of spending cuts.

The bill originally planned to pass before July 4 may be delayed until around July 4. When asked if certain proposals were too radical, the president emphasized that he did not want to be "too extreme" in cutting spending. He also pointed out that this is a large-scale bill; although smaller bills are easier to pass, he believes their effects may not be as expected.