"Trump's Pledge to Billionaires: Low Taxes Promise at Record-Breaking Fundraiser"

Former President Donald Trump emphasized the importance of extending his signature tax cuts to wealthy political donors at a $50 million fundraising gala, where he also focused on key issues such as energy production, border security, and reducing inflation. The event, held at the home of billionaire hedge fund investor John Paulson, grossed $50.5 million for a joint fundraising effort benefiting Trump’s campaign, his Save America political action committee, the Republican National Committee, and state parties. Trump's remarks drew criticism from President Joe Biden, who accused him of promising tax cuts to his rich friends, and highlighted the potential cost of extending certain tax provisions.