Press Releases

Speaker Johnson: “We’re Going to Usher in a Pro-Growth Economy”

WASHINGTON — Last night, Speaker Johnson joined Sean Hannity on Fox News’ Hannity and Kaitlan Collins on CNN’s The Source to discuss the House-passed budget resolution, Congressional Democrats spreading falsehoods about Medicaid, and Congress’ efforts to make President Trump’s tax cuts permanent through budget reconciliation.

“If we don't pass this bill, 26 million businesses in this country, their tax rates are going to go up to 43% overnight if we don't get this bill passed,” Speaker Johnson said. “We have no margin for error, we have to get this done and we will. We're going to deliver on this mission for the American people.”

Watch Speaker on Fox News here, on CNN here

On the House-passed budget resolution:

Everybody needs to watch the process play out. We passed the budget resolution last night and it is merely a framework to set up what will come the reconciliation process. It's going to take us five or six weeks, probably, to dig through all those details and come up with the final proposal. So, everybody just reserve judgment, watch us work, and you'll like the final product. I'm very excited about the moment that we're at.

I think the American people are going to benefit greatly by the package that we're going to produce for them. We are going to deliver the America First agenda, and it's going to be good for everybody. We're going to spur economic growth, we're going to cut regulations, we're going to cut the deep state and their bureaucracy to make government more efficient. We're going to secure the border, we're going to get energy dominance back again for our country that is long overdue, and we're going to spur on the U.S. economy. And by the way Kaitlan, the big drive of all this is to ensure we don't have the largest tax increase in U. S. history at the end of this year, which is what will happen if we don't get this bill passed. I mean, the average U. S. taxpayer is going to have a 22% tax hike.

On Democrats’ Medicaid falsehoods:

I challenge you or anybody on your staff, do a word search for ‘Medicaid’ on the resolution that we passed last night, you will not find it. That is not part of this equation. We're talking about finding efficiencies in every program but not cutting benefits for people who rightly deserve that. You know, work requirements for Medicaid, that is something that public opinion polls almost 90%. You don't want able bodied workers on a program that is intended, for example, for single mothers with two small children who are just trying to make it. That's what Medicaid is for, not for 29-year-old males sitting on their couches playing video games. We're going to find those guys and we're going to send them back to work. That's what everybody supports. That's what the Republicans are for. And by the way, we find dignity in our work. That's going to be good for everybody.

On making the Trump tax cuts permanent:

Making the tax cuts permanent is critical because business owners, small business owners, have to have stability. They've got to have certainty as they're making plans for the future. And this would be good for the economy. We believe we're going to usher in a pro-growth economy because we're going to do much of what we did during the first Trump administration. You remember, we had the greatest economy in the history of the world prior to COVID. Why? Because we cut taxes on individuals and businesses, small business owners. And we also cut regulations. So you're going to see all that compacted into this one big beautiful bill. That's going to be a great thing for the U.S. economy, for our security, for liberty, all the way across the board. 

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