One Big Beautiful Bill Act

Floor Speech

BREAK IN TRANSCRIPT

Mr. HILL of Arkansas. Mr. Speaker, I thank the chairman for yielding time.

Mr. Speaker, I rise in strong support of H.R. 1, the One Big Beautiful Bill Act. For too long, government spending has gone unchecked.

Last November, American voters sent a clear message. We need to rein in government spending. Our Financial Services title exceeds our $1 billion budget instruction by over $600 million. It caps the Consumer Financial Protection Bureau's budget authority by nearly half.

It rescinds unobligated and unused funds from the SEC's reserve fund and HUD's Green and Resilient Retrofit Program.

It targets $1 billion for strategic use under the Defense Production Act to ensure that America can meet its national security supply chain requirements for the 21st century.

Overall, this bill stops a huge tax increase for our working families in Arkansas. It spurs major investments for small businesses. It gives law enforcement the tools they need to secure our southwest border. It strengthens energy security. It reduces government spending.

Mr. Speaker, it delivers on the promises that we made to American voters. I strongly support this bill, and I urge a ``yes'' vote.

BREAK IN TRANSCRIPT

Source