Promises Made, Promises Kept

Floor Speech

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Mr. GUTHRIE. Mr. Speaker, I thank the gentlewoman for yielding.

Nearly 2 months ago, Republicans in Congress worked alongside President Trump to deliver on our promises and pass the One Big Beautiful Bill Act.

The One Big Beautiful Bill Act is a historic win for our country, unleashing American energy, promoting innovation, protecting our Federal healthcare programs for our most vulnerable citizens, and delivering historic tax cuts for families.

As chairman of the House Committee on Energy and Commerce, one of my top priorities is ensuring that America has the energy needed to win the race for AI against China and power our future.

I am proud to report that the One Big Beautiful Bill Act unleashes American energy dominance through strategic investments and eliminating wasteful subsidies. Our bill begins to refill our dangerously low Strategic Petroleum Reserve and creates new investments to generate reliable energy that will secure our grid and power AI.

The One Big Beautiful Bill Act also spurs technological innovation by renewing American wireless leadership through spectrum auction authority that protects national security and generates $85 billion of new revenue for the Federal Government.

For months, there has been a campaign of fear-mongering and misinformation about the bill's impact on our most vulnerable. For Americans who rely on Medicaid, the truth is that the One Big Beautiful Bill Act restores integrity back into our Federal healthcare programs by ensuring that ineligible recipients do not cut the line in front of those in most need. In fact, since its passage, we have already seen countless examples of waste, fraud, and abuse in our government-run healthcare programs.

Just last week, the Congressional Budget Office found that the One Big Beautiful Bill Act removes 2.1 billion ineligible individuals from the ACA marketplace coverage, with 1.2 million of those being unauthorized immigrants or noncitizens.

CBO also found that 5.3 million able-bodied, unemployed adults covered by Medicaid will now have to work in order to continue receiving their fully subsidized healthcare. The vast majority of Americans agree that Medicaid should be a safety net, not a long-term entitlement for those who are able to work but choose not to.

The One Big Beautiful Bill Act strengthens and secures Medicaid for expectant mothers, children, low-income seniors, and people with disabilities.

Without passing the One Big Beautiful Bill Act, the average family in my district would have faced a 25 percent tax increase next year. Our bill prevented that tax hike by making permanent the 2017 Trump tax cuts and built upon it.

Let's talk about individuals. The individual who lives on their Social Security will have more money in their pocket because they won't have to pay taxes on that--we exempt taxes--or the waitress in Glasgow, Kentucky, who won't have to pay taxes on her tips; or the farmers in Owensboro who will be able to pass their family land down to their family because of the death tax exemption that we made permanent.

We also talked to individuals who have family members in nursing homes, and we know that we strengthened the nursing homes that came to us because they were threatened by some of the Biden rules that we shut down, and people need access when they have loved ones who are in need.

These tax cuts aren't talk. These efforts aren't talk. They will grow our economy. Our legislation provides much-needed tax cuts for working families, unleashes American energy, supports innovation, and safeguards healthcare for Americans who need it most.

I was glad to see this bill signed into law, and I am glad it had a positive effect on the people who I represent.

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