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John Larson: “Even billionaires are embarrassed by what's happening.”

Featuring: John Larson, Democratic | U.S. House Connecticut, 1st Congressional District

Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare

Published June 20, 2025 | Video Starts at 37:13

And yet, as he noted, what this bill is, not only the inequality that exists in this and how they take food out of children's mouths and kick people off of health care to pay for tax cuts for the wealthy, is obscene. Even billionaires are embarrassed by what's happening. And as you saw with the fallout with Elon Musk and Donald Trump, it didn't do anything to even address the national debt. So we will remain vigilant in terms of trying to stop this. (37:13–37:19)

CLAIM

Asserts that billionaires are embarrassed by the bill's implications.

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 Larson

“The nation's wealthiest 1% were paying 39% in terms of taxes to the federal government under Bill Clinton.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 11:04-11:38
“70% of that [tax cut] will go to the nation's wealthiest 1%.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 15:28-15:34
“The House bill will result in 16 million Americans losing their health insurance.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 21:28-21:34
“This plan is the largest cut to Medicaid in its history, cutting benefits by $715 billion.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 26:07-26:20
“Medicaid pays for two in five births in the United States.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 26:20-26:27
“The Republicans plan to slash SNAP nutrition benefits by 313 billion, which will impact over 42 million Americans who rely on it.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 27:29-27:41
“In the last presidential election, more people didn't vote than who voted for both presidential candidates.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 51:43-51:55
“Social Security is the only one of those three [military, defense, Medicare and Medicaid, and Social Security] that has a trust fund.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 04:03-04:10
“Mr. Trump...gave Elon the task of finding $2 trillion that he could make in cuts with regard to the federal budget.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 04:26-04:38
“Republicans then changed the rule before we left to no longer allow for a resolution of inquiry.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 06:01-06:11
“Last Friday as well, the Supreme Court ruled, overturning two courts, two lower courts, who both upheld the fact that people's private…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 06:41-07:00
“The previous Social Security administrator was let go because he was resisting [the Trump administration's actions].”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 07:16-07:22
“The Supreme Court ruled that Doge ought to be able to go forward and look at people's documents.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 07:23-07:48
“The case that Doge and the Trump administration were making is that there's fraud, abuse, and waste.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 08:02-08:11
“We remain skeptical about [Doge and the Trump administration's claim] and think that they don't have a legal right to stand on.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 08:35-08:42
“The budget bill provides billionaires with tax cuts.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 09:20-09:33
“Rich Neal proposed that we provide people at $400,000 and below with the majority of the tax cuts.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 09:46-10:18
“The Republican proposal provides tax cuts, 70% of which goes to the nation's wealthiest 1%.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 11:44-11:54
“The Republican tax cut is paid for by cutting the SNAP program.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 11:54-12:00
“They threw 16 million people off of their health care to save money.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 12:19-12:30
“They haven't been able legislatively to successfully repeal the Affordable Care Act.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 12:31-12:37
“Their premiums have risen as well.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 12:47-12:51
“It increases the deficit overall.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 13:32-13:37
“That's been verified by every economist that's taken a look at this.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 13:36-13:42
“The Supreme Court acted and said Doge now can go into Social Security and look at people's personal data.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 14:08-14:20
“We have submitted legislation specifically, along with Rich Neal, that prevents [Doge and the Trump administration] from doing this unless…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 14:08-14:20
“Putting forward making permanent Trump's tax cut that he passed in 2017 that expires this year in 2025.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 15:11-15:23
“The Social Security trust fund...contains $2,700,000,000,000 but hasn't been enhanced since Richard Nixon was president.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 18:03-19:19
“That trust fund, which is your money, has $2,700,000,000,000 in it.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 18:16-18:21
“The intent of the Trump administration...is to privatize Social Security.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 19:30-20:21
“70% of the tax cuts goes to the nation's wealthiest 1%.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 20:58-21:03
“The text the Senate came out with has even more Medicaid cuts.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 21:34-21:40
“Donald Trump has given them a deadline of July 1st to make sure they get what he calls the big beautiful bill passed.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 21:50-22:02
“A new analysis from CBO came out yesterday that said when you factor in the damage that the bill does to the economy, it's going to cost…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 22:20-22:35
“Millionaires can get an $89,000 tax cut while Americans go hungry and lose their health insurance.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 22:54-23:04
“The person making $50,000 or less gets 72 cents a day [in tax cuts].”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 23:13-23:23
“One of the worst things the Trump administration is doing is going after medical research.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 24:01-24:07
“They are attempting to make across the board cuts to research.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 24:31-24:35
“According to the Congressional Budget Office, 16 million Americans could lose health care access under this proposal due to Medicaid cuts…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 25:39-25:57
“50 million Americans have gained health insurance since passage of the Affordable Care Act, including 20 million through the provision the…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 26:51-27:09
“Including nearly 41,000 people just in Connecticut's first congressional district.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 27:40-27:47
“Republicans focus on lowering the cost of silencers for firearms, they are doing nothing to improve the safety in our schools.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 27:47-27:59
“They are slashing funding for Pell Grants and allow low income students to pursue a college education, including 63,000 Connecticut…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 27:47-28:10
“Republicans want to repeal the clean energy tax credits from the Inflation Reduction Act, including incentives we secured for clean hydrogen…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 28:10-28:34
“Americans should know that the Social Security trust fund is separate and A, has nothing to do with the national debt and B, is your money.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 30:30-30:45
“Congress hasn't acted in over 50 plus years to enhance [the Social Security] program.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 32:23-32:34
“Today, the Supreme Court ruled that states can ban gender transition care for minors.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 34:01-34:08
“Today they also announced that they would end the suicide hotline for LGBTQ youth.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 34:26-34:31
“I'm proud to co-sponsor the Equality Act in Congress, which would expand civil rights protection to LGBTQ community Americans.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 34:58-35:09
“The bill passed the House of Representatives by a very narrow vote.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 36:09-36:17
“There were more than 21 Republicans who came out and said that they were going to oppose the big beautiful bill.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 36:18-36:27
“What this bill is, not only the inequality that exists in this and how they take food out of children's mouths and kick people off of health…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 36:52-37:14
“It didn't do anything to even address the national debt.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 37:23-37:28
“It now travels to the United States Senate.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 37:36-37:39
“There has to be approval in both Houses before it goes to the President for a signature.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 38:12-38:18
“This bill is an atrocity.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 38:40-38:43
“We're not going to take food out of children's mouths and knock people off of their health care in order to pay for tax cuts for…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 44:07-44:18
“We want to invest our money where it should be going, in people who need it the most and make sure that we solidify our programs like Social…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 44:19-44:38
“Fighting climate change under the Trump administration, as you note, is an uphill battle.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 45:18-45:27
“Our president doesn't even believe that we have had any impact on rising temperatures, rising sea levels, and the increase in natural…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 45:27-45:42
“I applaud our attorney general for suing the Trump administration for unlawfully canceling EPA grants to the states.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 45:48-46:01
“The nonpartisan Congressional Budget Office says that it will mean 16 million Americans losing their health insurance.”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 48:21-48:32
“They're shifting the demand to the state, which means it's not saving money. It's just forcing governors to come up with the solution and…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 48:33-48:48
“We’re going to continue to focus on everything that we can do to prevent the disastrous cuts that are being made and also to make sure that…”
Congressman John Larson's Town Hall on Social Security, Tax Cuts, and Healthcare | Uploaded June 20, 2025 | 50:48-51:10