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Mike Johnson: “They are not making any account whatsoever for tariff…”

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

Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges

Published June 18, 2025 | Video Starts at 19:39

The CBO put forth an anemic 1.8% growth rate over 10 years. Never in U. S. History have we sustained less than 2% for 10 years. It's just not even real. They're discounting the growth and They are not making any account whatsoever for tariff revenue or the new trade agreements. the fixing, the imbalances, none of that. That's all off the table. So it's a very myopic and I think very close minded view of what will actually be accomplished here. (19:39–19:45)

CLAIM

Asserts that the CBO does not account for tariff revenue or new trade agreements in their projections.

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

“If we don't make the tax cuts permanent from 2017, there's a tax hike, effectively largest in history.”
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“They missed the analysis on the TCJA, the Trump tax cuts by $1.5 trillion.”
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“Never in U.S. history have we sustained less than 2% [growth] for 10 years.”
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“Exactly. It's 73, 74% of spending, which is on autopilot, which is frightening.”
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“We're within like about an eight year wind for Medicare and Social Security and Medicaid for that matter, to be insolvent.”
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“In fact, only twice in 90 years has a sitting President's party picked up seats in that first two years.”
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“Yes. And I told Elon, and we've had delightful conversations about this. I said, elon, you think of this as a data analyst and a scientist…”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 01:56-27:57
“Since [the Reagan years], the discretionary spending pie has shrunk, and more of it has become mandatory spending.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 03:43-37:09
“This is not a spending bill. It's a budget reconciliation bill.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 04:01-04:07
“When you are reconciling a budget, you only need 51 votes in the Senate.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 04:33-04:38
“You can't do big policy changes. You can only do things that reduce the deficit, reduce the budget.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 04:45-04:51
“We delivered that product. And what's in it is incredible. It is truly historic.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 06:41-06:46
“We're going to deliver, by our estimates, $1.6 trillion in savings.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 06:52-06:57
“We have an historic level of investment in border security because that was the number one issue in the election.”
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“American energy dominance will return because we have regulatory reform.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 07:58-08:02
“We're going to secure and strengthen [Medicaid and SNAP] by eliminating fraud, waste and abuse.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 08:13-08:18
“We have a very diverse Republican majority.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 12:49-12:53
“Democrats really do think and act like a union. They are kind of socialist in their philosophy and their ideology.”
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“If the Democrats took over in 2026, in the midterm, they would impeach President Trump on the first week of that Congress.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 14:12-14:19
“The CBO is historically inaccurate when it comes to projecting growth in the economy.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 18:00-18:06
“We had the greatest economy in the history of the world [during the first two years of the Trump administration].”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 20:24-20:27
“Europe has to be rebuilt. Everybody does all the trade agreement arrangements and agreements and they said, well, Americans can afford it…”
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“We didn't have this massive increase in inflation and consumer prices that everybody projected.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 21:25-21:31
“Appropriations bill, very important to understand why that is, because we were talking about the archaic rules.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 22:32-22:38
“We have a plan to [change the trajectory of debt], but I can't do it tonight.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 23:05-30:24
“So the, the way we're going to codify the Doge savings, which I am a big fan of, I mean, I've, I've, you know, celebrated Elon's efforts…”
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“A rescission package has been sent to us. It's foreign aid spending that was largely usaid.”
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“Corporation for Public Broadcasting because NPR and PBS have been abusing the system for quite some time with their non objective coverage…”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 24:53-25:01
“The framers of this grand system we have, they wanted a small federal government. They wanted most of the power reserved to the states.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 25:34-25:42
“State legislatures, like in my home state of Louisiana, are creating Doge committees.”
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“Ron Johnson...he'd like to cut $8 trillion from the federal budget tonight.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 30:23-30:30
“The House worked on this [legislation] for about 14 months before the final product.”
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“The entire Trump agenda, the entire America first agenda, all the promises we've made...are wrapped in this legislation.”
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“If we don't succeed in this, we're going to run out of time. The tax cuts will expire. Largest tax increase in U.S. history.”
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“Debt cliff comes upon us about mid to late July.”
Interview with Speaker Mike Johnson on the 'One Big Beautiful Bill' and Congressional Challenges | Uploaded June 18, 2025 | 32:24-32:28
“The Democrats do not seem to care at all about the debt. They will spend us into oblivion, which is how we got into this situation the last…”
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“Biden and Harris spent like drunken sailors.”
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“The big beautiful bill is a very important first step in that saving $1.6 trillion is a big thing.”
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“We experienced a true demographic shift in the 2024 election.”
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“We had a record number of Hispanic and Latino voters, black and African American voters, Jewish voters, union workers who came to the…”
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“The big beautiful bill is geared for lower and working class Americans. They are going to receive the greatest amount of tax relief.”
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“There were 13 House Democrats sitting in districts that President Trump won.”
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“There were 21 House Democrats in districts who came within five points of winning.”
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“Conversely, there's only three House Republicans sitting in districts that [Kamala] Harris won.”
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“I'm a wartime speaker. I have been in fifth gear since October 25th of 2020.”
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