House Majority Leader Steve Scalise recently appeared on CNBC’s Squawk Box to discuss the potential impacts of a reconciliation package aimed at solidifying the tax code and advancing former President Trump’s agenda. Scalise emphasized that maintaining stability in the tax code without increasing rates is beneficial for economic growth and investment.
Scalise stated, “No, all the rates are going to stay the same, and that’s really good news for the economy to get stability in the tax code.” He further highlighted that this approach would prevent any tax increases, fostering economic growth and reducing costs for families.
Addressing concerns about potential tax hikes, Scalise noted, “There was a lot of pushback from our members… why would you want to raise taxes on anybody? That’s what the Democrats do.” He cited examples of wealthy individuals relocating from states with high taxes like New York and California to states with no income tax such as Florida and Texas.
Scalise also discussed strengthening social safety net programs. He asserted, “Of course, it’s getting paid for,” pointing out that these programs should support vulnerable citizens rather than those unwilling to work. The proposed changes include work requirements for Medicaid and SNAP benefits.
On keeping tax rates low, Scalise remarked, “I don’t want to see us going after any particular group like that… We want to keep all the rates low.” He mentioned specific provisions such as no tax on tips as part of President Trump’s campaign promises.
Regarding passing Trump’s agenda through reconciliation, Scalise confirmed that most priorities are included in the bill. “Yeah, and most of his priorities are in this bill… It’s going to help families who are struggling,” he said. The bill also addresses energy production and border security while removing the debt ceiling issue for two years.
Scalise concluded by expressing confidence in the comprehensive nature of the bill: “It’s one big, beautiful bill.”
