On the recordJanuary 13, 2026
Mr. Speaker, I want to clarify a few things, one in particular about the One Big Beautiful Bill Act. The narrative that the One Big Beautiful Bill Act only gives tax cuts to billionaires is just false. The bill cuts taxes for working-class families who need it most. As a result of the One Big Beautiful Bill Act, the top 1 percent will pay more in Federal taxes than they did before the Tax Cuts and Jobs Act of 2017. It ends $500 billion in Biden-era tax breaks and special interest giveaways to wealthy individuals and large corporations. It stops a Biden-era $1,700 tax increase. Working families making between $15,000 and $30,000 will have their taxes cut by 21 percent under the One Big Beautiful Bill Act. Mr. Speaker, 66 percent of the One Big Beautiful Bill Act's tax cuts benefit families making less than $500,000. Just because they keep saying it doesn't make it true. The One Big Beautiful Bill Act does help working families.
Source
govinfo.gov
