Julie Fedorchak Praises Big Beautiful Bill For Reigning In 'Washington's Out Of Control Spending'

In House floor remarks on Wednesday, Julie Fedorchak (R-ND) spoke about the Big Beautiful Bill.

Transcript

00:00Dakota. Representative Fedorashak. Thank you, Representative Kennedy. Thank you for leading

00:07this important special order tonight to talk about all the wins in the One Big Beautiful Bill.

00:14Mr. Speaker, I rise today to highlight an important promise President Trump made

00:19to the American people that the One Big Beautiful Bill fulfills. The One Big Beautiful Bill

00:26delivers a long list of wins for families, seniors, small businesses, farmers, energy

00:32producers, and our military. It prevents the largest tax increase in U.S. history, $4.5

00:39trillion in Americans' pockets instead of in the government's coffers. And it delivers

00:47permanent tax relief. It begins to reign in Washington's out-of-control spending, makes

00:53historic investments in border security and national defense, and restores the kind of

00:58common-sense priorities people in my state of North Dakota live by every single day. There

01:05are so many wins in this bill that we need to break them apart and highlight them separately.

01:11Today, I want to focus on a provision that many think is too good to be true. In fact,

01:17in talking to people, I think they do believe, like, how can this actually happen? But it will.

01:21And that is, no tax on tips and overtime. During my time back home recently, I visited with folks

01:31across North Dakota, including those working in the construction, law enforcement, and service

01:36industries. This bill is great news for them and the hundreds of professions who regularly put in

01:42overtime to get the job done. In fact, around 30% of all employees in North Dakota regularly work

01:49overtime and could benefit from the no tax on overtime provision in this bill. And according to the

01:56Council of Economic Advisors, an even larger 65% of workers in North Dakota are in occupations that are

02:06likely eligible for overtime and could also benefit. We cut taxes on up to $12,500 of overtime pay for

02:15more than 80 million hourly workers. This is estimated to increase yearly take-home pay by more

02:22than $1,400. The bill also eliminates federal taxes on up to $25,000 of tips for Americans 4 million

02:31tipped workers. As a former waitress, I know how valuable this provision would be. And this applies

02:41to all tips. Whether they are tips that are cash or on credit, all tips qualify for the no tax on tips.

02:48This will estimate to boost incomes by an average of $1,300 per year. With these policies, we are

02:57rewarding everyday Americans hard work. And we're not waiting. These provisions are retroactive, meaning

03:04that people will see the benefits of no taxes on tips and overtime this year, even for hours worked

03:11prior to this bill passing. I was very proud to join my colleagues in delivering on this commitment

03:17to the American people. And I can't wait to see how it benefits them all. Thank you, Mr. Speaker.

03:24And I yield back.