President Donald Trump predicted on Monday that Americans will witness the “largest tax refund season ever” this spring, crediting his administration's legislative reforms for a massive infusion of cash into household bank accounts.

The ‘One Big Beautiful Bill Act' Legacy

Speaking with Fox Business host Larry Kudlow, the President touted the success of the “One Big Beautiful Bill,” a comprehensive four-year legislative package passed earlier in his term.

Trump emphasized that the bill was designed to streamline 17 different initiatives into a single “miracle” of legislation that he believes will stabilize the U.S. economy for the remainder of the decade.

“We put it together, and we got it passed, and we're short of a miracle,” Trump told Kudlow. “We've gotten everything passed we need for four years. Now we just have to manage it.”

White House projections and independent analyses from groups like the Tax Foundation suggest average refunds could rise by as much as $1,000 per filer, fueled by retroactive provisions including “No Tax on Tips” and “No Tax on Overtime.”

“Next year is projected to be the largest tax refund season ever, and we’re going to be giving back refunds out of the tariffs ...