Trump's advisor revealed economic data: The Federal Reserve GDP rise far exceeded expectations, tariff policy showing results.

On Saturday, June 8, Trump adviser Dick Morris joked in an interview with the media that everyone was so obsessed with the “mutual tearing” between Trump and Musk that they ignored two important news that could completely change the debate on the “Big Beautiful Act”. “I’m not a marriage counselor, so I can’t comment on their relationship. But I’m a political consultant, so let’s talk about the Beautiful Act. The first piece of news is that Fed data showed that GDP grew by 4.7% in the first two months of the quarter. The Congressional Budget Office is forecasting 1.8 percent, and if we can get to 3 percent of the budget, we can balance it. The Big Beautiful Act doesn’t increase the deficit at all, but it’s great. The second piece of news is that imports in the last month are less than half of what they were in the previous month, which shows that Trump’s tariffs are effective and will continue to do so, which is fantastic!”

Morris emphasized that the key factor determining the success or failure of the 2026 midterm elections remains economic performance, and Trump has paved the way for the budget proposal through a series of executive orders, “This time is different, we will not miss the opportunity again.”

Note: The massive tax budget proposal put forward by Trump is called the “Beautiful Law Proposal.” An updated version of this proposal passed the House last month by a narrow margin (215 votes to 214) and has now been sent to the Senate, where it is expected to face resistance from some Republican dissenters. The goal of the Republican leadership is to have the bill (with the best version as close as possible to the current one) reach the president for signing before July 4.