Speaker Johnson: What Republicans Against the Trump Bill Are Missing Is the ‘Historic’ Level of Spending Cuts in This Package

RUSH EXCERPT:
JOHNSON: "Well, I convinced my friends and colleagues by use of the facts. I sent a long text message to my good friend Elon Musk after he made the comments to explain this is not a spending bill. This is a reconciliation package. It is reconciling a budget. There is some additional spending as you noted earlier at the opening for national security, for historic investments and border security, the largest in generations because those are necessary expenditure, but what my friends are missing is is the tremendous and historic level of spending cuts that are also in the same package. So a lot of the analysis that people are pointing to is from groups, for example, like the congressional budget office, the cbo, they have projected a growth level of 1.8% in the next 10 years. Kristen, never in U.S. history has the U.S. economy sustained less than 2% economic growth over a 10-year period. What will happen here is exactly the opposite. We will have historic growth because we are basing this on the history of the recent past. In the first Trump Administration the 2017 tax cuts and jobs act, the cbo has $1.5 trillion because they underestimated the incredible growth that would be brought about. This is jet fuel. The reason we call it a big, beautiful bill, because it’s a growth package intwined that will make more opportunity to climb up the economic ladder in America because job creator, entrepreneurs and risk takers will have the government off their backs, they will have lower taxes and expanding their businesses. We are incentivizing U.S. Manufacturing again. We’re bringing jobs back to the U.S. that will help everybody, all boats rise like we did in 2017 except this time it’s on steroids."