Historic Victory Massive Bill Advances to the Senate

"Obviously, we had a big vote this morning to get the bill out of the House—a massive piece of legislation. Any one of these provisions, in another time, would have been the subject of months of debate, but we were able to do it all in one bill and send it to the Senate.

Now, what I want to break down are a couple of things. Number one, this is a huge bill. It represents a large part of our agenda, but it's just one piece of what is a comprehensive budget vision. So this wasn’t a budget resolution. It was a procedural mechanism to get a big part of our agenda through the Senate and avoid a filibuster.

It doesn’t include tariffs or the fight over discretionary spending that we’ll have regarding rescissions and cuts to non-defense spending, which we’re sending in our budget resolution. There are many components that make up a full fiscal picture that gets you to balance.

But what this bill does is end, I believe, 30 years of futility in not being able to achieve anything substantial in mandatory savings. The last real win we had was in 1997 with the Balanced Budget Agreement, which of course included welfare reform.

This bill includes close to \$2 trillion, according to updated scores based on the changes House conservatives worked with us to secure. This bill will have close to \$2 trillion in mandatory savings—more than double what was achieved in 1997.

And it will mean, as a result of reasonable assumptions for economic growth over 10 years and the mandatory savings from this bill, that this bill will reduce the deficit and help us with our debt. I think the most important thing we need are wins on our side of the field. That’s what this bill delivers—and that’s what we haven’t had in 30 years.

It also sets us up for a huge battle over non-defense appropriations: the woke stuff, the politicized bureaucracy. That’s still going to happen this year. This bill makes it easier because we took all our increases in national security and defense—things that usually divide Republicans and Democrats—and avoided a big fight over non-defense discretionary spending later this year. This bill sets the stage.

So I’m extremely excited about this. Obviously, President Trump signed off on it yesterday, and now we’re headed to the Senate to try to get as much as we can—and hopefully even more."