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John Cornyn: “The Working Family Tax Cuts act was signed into law by…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans

Published December 17, 2025 | Video Starts at 04:42

The good news is Republicans have taken important steps that will help ease the affordability crunch for all Americans, particularly when it comes time to file their taxes next year. The Working Family Tax Cuts act was signed into law by President Trump on July 4th. This is one of the most significant pieces of legislation that we've seen in a long, long time. (04:42–04:49)

CLAIM

Asserts that the Working Family Tax Cuts act was signed into law by President Trump on July 4th.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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John Cornyn

“Cumulative inflation from the time President Biden took office until he left was 20.6%.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 02:06-02:14
“A typical family in Texas would have to pay an additional $12,427 every year just to maintain the same standard of living that they had…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 02:39-02:56
“The Biden administration and Democrats at the time took the cap off of the subsidies for health care for people making well in excess of a…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 10:46-10:58
“These individuals, those who make less than $100,000 a year, could now deduct up to $10,000 for interest paid on a new vehicle if that…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 12:05-12:20
“Not a single Senate Democrat voted for [the Working Family Tax Cuts act].”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 05:19-05:23
“The Working Family Tax Cuts act permanently increased the standard deduction to $15,750, including an annual adjustment for inflation.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 05:34-05:45
“Without our legislation, the standard deduction would have dropped to $8,300 next year.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 05:46-05:53
“The lower rates from the Tax Cuts and Jobs Act from 2017 were set to expire at the end of this year.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 06:09-06:17
“The Working Family Tax Cuts made these lower rates permanent.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 06:17-06:23
“With the child tax credit scheduled to decrease from $2,000 to $1,000, our legislation prevented this from happening and we raised the child…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 07:01-07:17
“We also permanently strengthened the employer Provided child care credit.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 07:23-07:29
“In the working family tax cuts, we expanded access to health savings accounts, also known as HSAs.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 08:19-08:28
“We expanded eligibility for these health savings accounts to individual bronze market and catastrophic plans starting in 2026.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 08:47-09:00
“We also ensure that high deductible health plans cover telehealth and other remote access or virtual health care services before the…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 09:00-09:16
“We made [telehealth] more available.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 10:13-10:15
“Interest rates have remained high because of the historic levels of inflation during the Biden administration and the efforts by the Federal…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 11:26-11:40
“The working family tax cuts introduced a new deduction that will ease this burden when it comes time to buy a new car.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 11:56-12:05
“This legislation also delivered a historic win for the working class with no tax on tips and no tax on overtime.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 13:15-13:24
“Employees and self-employed individuals can now deduct up to $25,000 on qualified tip income through 2028.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 13:54-14:03
“Single filers can now deduct up to $12,500 on qualified overtime income.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 14:21-14:29
“The Biden administration created long lasting harm by its profligate spending habits, its wasteful Washington spending which drove inflation…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 15:14-15:28
“The Working Family Tax Act will help us nudge the economy where it matters most, which is at the kitchen table, in the right direction and…”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 15:37-16:07
“We tackle the 40 year high inflation rate and it is coming down, thankfully.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 15:38-15:46
“The Working Family Tax Cuts act will improve their standard of living and make life more affordable for them.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 16:09-16:39
“Republicans have delivered an important first step toward making life more affordable for the people we represent.”
Cornyn Touts Working Families Tax Cuts: Will Make 'Life More Affordable' for Texans | Uploaded December 17, 2025 | 16:44-16:53