Millions of Americans may see the "largest tax refunds of their lives" due to President Donald Trump's forward-thinking reforms, U.S. Treasury Secretary Scott Bessent said on Jan. 8. In 2025, the president laid the foundation for powerful economic growth with the historic passage of the One Big Beautiful Bill Act (OBBBA), which is actually the "Working Families Tax Cut Act," he added. Bessent made the remarks while addressing the Economic Club of Minnesota. Related: Treasury Secretary predicts historic ...