One Big, Beautiful Bill
Across the nation, conversations this week likely revolved around the “One Big Beautiful Bill Act” that passed out of the House, delivering on the mandate handed down by over 77 million Americans to address concerns like border security, increasing costs, healthcare, and more. It was especially exciting to be a part of this process, not only as Chairman of the House Natural Resources Committee, but also in my capacity as a member of the Transportation & Infrastructure Committee. Through each of these committees, we were able to find a combined total of over $55 billion in savings – putting more money back into taxpayers’ pockets.
Hearing directly from my constituents is an important aspect of my role, as it provides me with better insight, enabling me to serve and represent the folks of the Fourth District of Arkansas as best as possible in Washington. It was a great privilege to host a telephone town hall earlier this week where I was able to do just that – listen to the questions and concerns my friends and neighbors back home have regarding this significant piece of legislation. I was encouraged by the number of callers who expressed a deep desire to learn and understand what House Republicans are doing to craft legislation that puts Americans first.
Most notably, there is evident concern around Medicaid and tax breaks for hard working Americans. In recent years, we’ve seen incredible abuse and wasteful spending through programs like Medicaid. This vital program that millions of Americans depend on for healthcare has been abused and mismanaged, endangering access for countless of Americans who rightfully need help. This piece of legislation rights these wrongs and protects vulnerable Americans – pregnant women, single mothers, low-income seniors, and disabled individuals – just as the program was designed.
It certainly does not go unnoticed by me how many working families, small business owners, and hourly workers reside right here in the Fourth District. These hardworking Americans are the backbone of our economy, and as such, are in need of a tax break that allows them to retain their hard-earned money. Taxpayers’ money doesn’t belong to the federal government, it belongs in their pockets, allowing them to spend and save that money as they choose.
Under this big, beautiful bill, working American families will see the largest tax break in our nation’s history. Under the 2017 Trump Tax Cuts, which this bill extends, Americans earning under $100,000 received an average tax cut of 16 percent, while the taxes paid by the top 1 percent were found to increase. Moreover, earners in the bottom 20 percent who make up to $26,000, saw their federal tax rate fall to its lowest level in 40 years. With no tax on tips or overtime pay, expanding and making permanent the 199A small business deduction, and providing additional tax relief for seniors, there is no question that this bill champions the hardworking Americans who provide the greatest, most integral support to our nation’s economy.
No matter how you slice it, this bill works for all Americans – not just one small sect or tax bracket, but every single hardworking American who pours their heart and soul into providing for their families, contributing to their communities, and holding the aspiration of achieving the time-honored goal of “The American Dream.” It is an honor to work alongside House Republicans as we continue to deliver on our mandate and put Americans first.