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Watch Live: White House Briefs On Trump Tax Cuts With Iran Tensions In Backdrop

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White House press secretary Karoline Leavitt will brief reporters Wednesday afternoon on the "historic" tax cuts included in the GOP-led One Big Beautiful Bill Act, just hours before the Internal Revenue Service's filing deadline.

"It’s Tax Day!" Leavitt wrote in a post on social platform X, announcing she will be joined at the briefing by Treasury Secretary Scott Bessent and Small Business Administration chief Kelly Loeffler, "to discuss President Trump’s historic tax cuts, and, as always, we will be taking questions."

The law, signed by Trump last July, made 2017 tax cuts permanent and included measures to block taxes on tips up to $25,000 and added protections for seniors over 65 to cap Social Security taxes.

The briefing also comes as the Trump administration continues its blockade on the Strait of Hormuz and questions swirl around how the U.S. will end the conflict with Iran following the temporary truce.

The event is scheduled to begin at 1 p.m. EDT.

Watch the live video above.