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Mike Johnson: “It's the first major reduction in taxes imposed on any…”

Featuring: Mike Johnson, Republican | Speaker of the United States House of Representatives | National

Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman

Published July 7, 2025 | Video Starts at 03:49

This isn't even being talked about, but this bill is the first welfare reform in generations. It's the first ever cut to Planned Parenthood, force taxpayer funding of abortion. It's the first major reduction in taxes imposed on any law-abiding gun owners in decades. Then the first ever major repeal of any National Firearms act provision since the inception of that law a century ago. (03:49–03:56)

CLAIM

Asserts that the bill includes a major reduction in taxes for gun owners.

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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Mike Johnson

“1.4 million illegal aliens, for example, that are getting coverage and stealing it from American citizens can no longer do that.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 01:10-01:18
“There's about 4.8 million people who are able-bodied workers with no dependents, who are gaming the system.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 01:17-01:25
“The average American household is going to have 13,000 more dollars in their pocket because they're not going to have to send it to…”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 05:26-05:33
“About 90% of seniors are going to have no taxes anymore on their Social Security benefits.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 06:04-06:10
“The CBO was off on their analysis of [the Tax Cuts and Jobs Act] by $1.5 trillion.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 06:58-07:09
“They're not even counting the $2.8 trillion that we'll receive as a result of the Trump's tariff policies.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 07:52-08:01
“All of those [solar and wind] projects have to be going by the end of 2027 or we're no longer doing subsidies.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 10:12-10:21
“There are no cuts to Medicaid in the big beautiful bill.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 00:36-00:40
“Medicaid is one of the most abused programs in the government.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 00:59-01:02
“America first is no longer just an agenda. It's now the law of the land.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 02:57-03:02
“We delivered in more than six months, anything better than any prior administration, any Congress in history.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 03:12-03:18
“We're going to secure the border permanently.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 03:26-03:28
“We're making tax cuts permanent.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 03:27-03:30
“This bill is the first welfare reform in generations.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 03:39-03:43
“It's the first ever cut to Planned Parenthood, force taxpayer funding of abortion.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 03:42-03:50
“The reason that the economy took off like a rocket in 2017 after we passed the bill, is because we cut taxes and cut regulations.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 07:12-07:19
“The Joint Economic Advisers for the White House...believes that we can achieve 3% economic growth, that we're going to add 4 million new…”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 07:36-07:50
“There's a big leap forward on a return to American energy dominance in this bill.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 08:54-09:00
“We're cutting red tape and regulations. We're going to cut down the permitting times for, for new drilling and exploration.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 09:05-09:12
“The subsidies are coming to an end and it's been a, it's been a complete boondock.”
Mike Johnson Discusses Medicaid Reforms and Economic Policies with Louisiana Congressman | Uploaded July 7, 2025 | 10:50-10:56