House Freedom Caucus members inch closer toward Trump's “One Big Beautiful Bill Act"

WCCO-AM / 830 WCCO

House Republicans are getting closer to passing President Donald Trump’s tax breaks, spending cuts and beefed-up border security. Republicans look to make permanent the individual income and estate tax cuts passed in Trump’s first term, in 2017, plus enact promises he made in the 2024 campaign to not tax tips, overtime and interest on some auto loans.

Transcript

00:00We are greatly encouraged by the progress that's been made in the last 24 hours.

00:05Obviously, the President came here yesterday and he laid out a few things.

00:08He said, you know, don't go any further on SALT.

00:11He said, oh, by the way, eliminate waste, fraud, and abuse in Medicaid.

00:13That's fine.

00:14That's what the American people expect.

00:15And then he said, by the way, you have to eliminate the Green News scam.

00:19So in the last 24 hours, well, there was a little SALT deal made.

00:22I don't think it went in the right direction, but the White House offered a proposal late

00:27last night that I think fulfills the other two parts of what the President talked about.

00:32And there's a broad agreement in the House Freedom Caucus that if that's included in the package,

00:36I think this package is on route to get passed.

00:39I don't think it can be done today.

00:41I mean, the runway is short today.

00:43The leadership is going to have to figure out, you know, where to go from here.

00:47But I think progress is made.

00:49I think that there is a pathway forward that we can see.

00:53But again, the leadership will have to figure out, you know, what the timeframe of this is.

00:57One of the reasons I ran for Congress was to deal with our very badly broken health care system.

01:01Today, there are millions of Americans right now who can't get health care because of our

01:05broken system.

01:06They're on wait lists.

01:07The vulnerable Americans are on wait lists because we've got a broken system that rewards

01:11the able-bodied over the vulnerable, that gives more money to people on Medicaid than on Medicare.

01:16We are trying to fix those things and match those so we have a system that works.

01:20If today comes and goes, it doesn't mean that this possibility to make sure that taxes stay low

01:27and that we fix America's health care system and fix America's energy system,

01:31it doesn't mean that prospect is off the table.

01:33It just means it might not happen today.

01:35And it's important that everybody knows that because there's some kind of belief in Washington,

01:39D.C. that once today comes and goes, that this cannot be fixed.

01:44This is a completely arbitrary deadline set by people here to force people into a corner

01:48to make bad decisions.

01:50It's more important to get this right, to get it correct, than to get it fast.

01:54And we are sitting at the table to do that.

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