'This Bill Stops A Huge Tax Increase': French Hill Speaks Out In Support Of The Big Beautiful Bill

In remarks on the House floor Thursday, Rep. French Hill (R-AR) spoke about the Big Beautiful Bill.

Transcript

00:00Our chairman of the Financial Services Committee, Mr. French Hill.

00:03The gentleman from Arkansas is recognized for one minute.

00:06I thank the chairman, I thank the speaker.

00:07I rise in strong support of H.R. 1, the One Big Beautiful Bill Act.

00:11For too long, government spending has grown unchecked.

00:15Last November, American voters sent a clear message.

00:18Reign in government spending.

00:20Our financial services title exceeds our $1 billion budget instruction by over $600 million.

00:26It caps the Consumer Financial Protection Budget Authority by nearly half.

00:31Rescinds unobligated, unused funds from the SEC's Reserve Fund.

00:36And HUD's Green and Resilient Retrofit Program.

00:39And it targets $1 billion for strategic use under the Defense Production Act

00:44to ensure that America can meet its national security supply chain requirements for the 21st century.

00:50Overall, this bill stops a huge tax increase for our working families in Arkansas.

00:55spurs major investments for small businesses,

00:58gives law enforcement the tools they need to secure our southwest border,

01:02strengthens energy security, and reduces government spending.

01:06It delivers on the promises that we made to Americans' voters.

01:11I support this bill strongly.

01:13I urge a yes vote, and I yield back the balance.