House Majority Leader Steve Scalise, alongside Speaker Mike Johnson, House Majority Whip Tom Emmer, Conference Chairwoman Lisa McClain, and Congressman Mark Messmer, addressed the One Big Beautiful Bill’s potential impact on the economy. Scalise criticized the Congressional Budget Office (CBO) for what he described as inaccurate economic growth projections, citing past errors with the 2017 Tax Cuts and Jobs Act.
Scalise stated that House Republicans are committed to protecting taxpayer dollars through legislation like the White House-requested rescissions package. He also condemned recent antisemitic terror attacks in Washington, D.C., and Boulder, Colorado.
“We all mourn those who were the victims of these attacks here in Washington, D.C., as well as in Boulder, Colorado,” Scalise said. He emphasized the need for legislative action to address antisemitism.
Discussing Republican unity around reconciliation efforts, Scalise noted: “Now, I do want to talk about the one big beautiful bill. This House came together in a way that maybe surprised some people here in Washington.”
Scalise criticized CBO’s historical miscalculations regarding economic growth: “I think there are some people that start reading too many Congressional Budget Office reports and ignore the lessons of history.”
He argued that maintaining low tax rates would spur economic growth and reduce the deficit: “If you ignore the growth that will come with keeping tax rates low…all of those things produced more money for the American Treasury.”
The rescissions package aims to eliminate wasteful spending within federal agencies such as USAID and NPR. Scalise expressed confidence in continued collaboration with President Trump to enhance economic conditions.
