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Mike Johnson: “We closed those loopholes in the one big beautiful bill.”

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

Speaker Johnson Joins Squawk Box on CNBC

Published October 16, 2025 | Video Starts at 14:42

Once we get no kings out of the way. Chuckle feel okay about, about negotiating. Let's, let's pray that that's true. Just to put a bow on what you just said, We closed those loopholes in the one big beautiful bill. Section 2141 of their counter proposal says they want to repeal that. Okay, so how do we, how does this end? (14:42–14:45)

CLAIM

Asserts that loopholes were closed in a significant bill.

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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