the House Ways and Means Committee has run the numbers for the American people. They all point to this fact: The One Big Beautiful Bill Act is good for this Nation, good for everyday Americans, and certainly good for the men and women I represent in Tennessee. Here are the numbers. The bill, which this body passed and which I was proud to vote for, some experts say could produce an annual GDP growth rate of more than 5 percent in the next 4 years, with longer term annual growth reaching 3.5 percent. The bill is also set to preserve between 6 and 7 million manufacturing jobs nationally. That would impact a whole lot of families. In my district alone, this bill protects 12,000 manufacturing jobs, more than $1.1 billion in wages, and more than $2.2 billion in economic growth. I urge my colleagues in the Senate to pass this bill without delay. Mr. Speaker, the One Big Beautiful Bill Act is about restoring fairness and awarding work, and it begins with Americans' taxes. In Tennessee, the bill we passed here in the House would put an average of $11,700 more in the pockets of a family of four every year. Under this bill, everyday Americans will see lower income tax rates, a larger standard deduction, and an expanded child tax credit. That means more take-home pay, more money for groceries, gas, and healthcare. Filing will be simpler. Refunds will be bigger. This bill doesn't just cut taxes. It makes them fairer.
Editor's note · Context
Discussing the benefits of the One Big Beautiful Bill Act during a House floor speech.
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