WASHINGTON — This morning, Speaker Johnson joined Shannon Bream on Fox News Sunday to discuss the One Big Beautiful Bill being signed into law and address the devastating floods in central Texas.
“As I said on the House floor the other day, it takes a lot longer to build a lie than to tell the simple truth. Our Republicans are going to be out across the country telling the simple truth,” Speaker Johnson said. “And guess what? It will be demonstrated. Everyone will have more take home pay. They’ll have more jobs and opportunity. The economy will be doing better and we’ll be able to point to that as the obvious result of what we did. “
Click here to watch the full interview
On the One Big Beautiful Bill’s impact on working class families:
What we did in this bill is we made permanent the 2017 Trump Tax Cuts, and that was geared for lower- and middle-class Americans. In spite of everything they said, the bottom 20% of earners saw their lowest federal tax rate in 40 years. Now we’re building upon that. We just made that permanent and we’re building upon it because now we’ve cut taxes on overtime and tips and have more tax relief for seniors. And we’re giving everybody a tax cut, and that’s going to help the economy. It’s going to be jet fuel for small business owners, entrepreneurs, risk takers, the people that provide the jobs, manufacturers, farmers get assistance here, and that will lift the economy.
The Council of Joint Economic Advisors is expecting a 3%, growth rate in the economy. That will be incredible. They’re expecting 4 million additional jobs to be added. The average American, the typical American household, will have $13,000 more in take home pay. This is a great thing for people who go to work every day. They’re going to feel that. And we’re excited about the upcoming election cycle in 2026 because people will be riding an economic high just as, as we did after the first two years of the first Trump Administration – this time’s on steroids.
On the One Big Beautiful Bill growing the U.S. economy:
If you make between $30,000 and $80,000 a year, you’re going to have a 15% less federal tax rate. You are going to save more money, you’re going to keep more of your hard-earned money, and that’s not going away. So, by making all these tax cut permanent, it’s the largest tax bill, the most important, most consequential tax bill that Congress has ever passed because of what it does for people who go out and work hard every day. We’re going to make it easier on them. And all the other pro-growth policies in this bill. We also, at the same time, achieve the largest savings for the taxpayers in US history, about $1.6 trillion in savings. All those things are going to have a great effect.
By the way, in the bill, we’re also going to secure the border permanently. We’re going to return to American energy dominance again, which is going to also be jet fuel of the economy. We’re going to take care of the peace through strength because we’re going to give important investments in our military industrial complex, which will help us in our competition with China. There is so much in this bill, it would be difficult for us to cover it in one segment, but people are going to feel that and we’re super excited about what we were able to deliver.
On the devastating floods in Central Texas:
In a moment like this, we feel just as helpless as everyone else does. I’ve talked to my colleagues there in Texas, Chip Roy and August Pfluger. You know that’s Chip’s district, August’s daughters were at the camp. We also had Buddy Carter of Georgia who had grandchildren there. It touches so many families, and all we know to do at this moment is pray. Every available resource has been deployed. The president, of course, is dialed in and watching this developed moment by moment as we are. And we will handle supplemental funding requests as they come in. But right now, they’re still trying to do rescue and recovery and our hearts go out to all of them.
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