Jason Smith: “Mr. Speaker, President Trump and the Republican trifecta were elected this November to deliver results for the American…”

“Mr. Speaker, President Trump and the Republican trifecta were elected this November to deliver results for the American people. This one big, beautiful bill we are considering today pinpoints waste, fraud, and abuse. It secures our borders. It reignites economic growth. These are impactful tax cuts, reducing Social Security taxes, eliminating taxes on tips, and eliminating taxes on overtime will help the middle-class American people. If the 2017 tax cuts are allowed to expire, 56,000 small businesses in my district alone would experience a 43.4 percent tax hike. Over 8,000 family-owned farms would have their death tax exemption slashed in half. I came to Congress to deliver real results, and that is what this bill does. In the defense portion of the bill, $34 billion is allocated for shipbuilding and the maritime industrial base in my district of Virginia and the United States. Mr. Speaker, this bill delivers on the America First promises President Trump and congressional Republicans made to the American people.”