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Mike Johnson: “We're talking about historic spending cuts.”

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

Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts

Published May 18, 2025 | Video Starts at 07:45

This is the Biden spending spree that got us in this mess. Moody's is not incorrect, but that's why that emphasizes the very need for the legislation. We're talking about historic spending cuts. I mean, this will help to change the trajectory for the US Economy and send that message of stability to our allies and even our enemies around the world. (07:45–07:49)

CLAIM

Asserts that the proposed legislation includes historic spending cuts.

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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“We're going to make the 2017 tax cuts permanent.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 01:43-01:47
“We're going to eliminate taxes on overtime and tips as the president promised.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 01:46-01:51
“New tax relief for seniors on Social Security and we're going to cut taxes on job creators.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 01:51-01:56
“Treasury Secretary Scott Bessen said that we need to do this by July 4th.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 06:49-06:55
“Moody's is not incorrect, but that's why that emphasizes the very need for the legislation.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 07:40-07:46
“This will help to change the trajectory for the US Economy and send that message of stability to our allies and even our enemies around the…”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 07:48-07:57
“President Trump's one big, beautiful bill will be passed, and that will be the key to turning this thing around.”
Interview with Speaker Mike Johnson on House Budget Committee and Legislative Efforts | Uploaded May 18, 2025 | 07:58-08:04