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Tom Cole: “There'll be a very substantial tax reduction. Portion of a…”

Featuring: Tom Cole, Republican | U.S. House Oklahoma, 4th Congressional District

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Rep. Cole's Weekly Chat | 04.11.2025

Published | Video Starts at 00:48

That bill hasn't been written yet, but we know the component pieces of it. There'll be a substantial increase on a one time basis for defense, for border security. There'll be a very substantial tax reduction. Portion of a lot of that will go toward extending the 2017 Trump tax cuts. And there'll also be some different components that we've heard about. We're not sure what the combination would be. But no tax on tips, no tax on overtime would be two of the big components for sure. (00:48–01:00)

CLAIM

Asserts that there will be a substantial tax reduction, with a portion extending the 2017 Trump tax 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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