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Mike Johnson: “Leader Schumer would like a backroom negotiation.”

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

Speaker Johnson Joins Squawk Box on CNBC

Published October 23, 2025 | Video Starts at 13:54

I couldn't do that on something as complicated as extension of Obamacare Covid subsidies because we have to find the consensus. There's 100 different ideas on how to improve that and we need that. We needed the … Leader Schumer would like a backroom negotiation. … not good for financial stewardship and it's part of the reason we're $37 trillion in debt as a nation because you have two or three or four people in a back room doing that. (13:54–13:58)

CLAIM

Asserts that Leader Schumer desires a backroom negotiation.

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

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“The cost sharing reductions model... would have brought premiums down 12% for the average American, and it would have saved taxpayers $30…”
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“Doing that will cost, as you said, $350 billion over 10 years.”
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“The CBO says the measures that we did in that bill on Medicaid, for example, going to save $185 billion.”
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Speaker Johnson Joins Squawk Box on CNBC | Uploaded October 23, 2025 | 03:55-04:00
“The cost of health care has skyrocketed since Obamacare was created in 2010.”
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Speaker Johnson Joins Squawk Box on CNBC | Uploaded October 23, 2025 | 04:44-04:50
“We need troops paid TSA agents, Border patrol agents and air traffic controllers and veterans health services and nutrition services to…”
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“I refuse to go in a back room with Chuck Schumer and make a deal.”
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“The Obamacare subsidy extension is going to increase premiums in some categories.”
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“We're not going to allow Chuck Schumer to hold the American people hostage so they can get a trillion and a half new dollars in spending.”
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