Deputy Treasury Secretary Michael Faulkender told Newsmax on Wednesday that Senate Minority Leader Chuck Schumer’s recent criticism of the Big Beautiful Bill was an “outrageous” mischaracterization and a gross distortion of its intent and effects.

“I mean, it’s just outrageous the depths that Chuck Schumer will go to mischaracterize what we [Republicans] are doing,” Faulkender said on “The Chris Salcedo Show,” responding to Schumer’s warning that the bill would cause widespread harm to Americans.

Schumer, D-N.Y., on Tuesday condemned the GOP legislation, saying:

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