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Forbes Breaking News
  • 7 months ago
During remarks on the House floor on Friday, Rep. Chip Roy (R-TX) voiced his objections to President Trump's Big Beautiful Bill.
Transcript
00:00So I'm here today to do that.
00:02I'm here to talk about what has been known now as the One Big Beautiful Bill, which is
00:11in simple speak a reconciliation package which is supposed to be designed to reconcile current
00:19policies, tax and spending to achieve a reduction in deficits or make sure that we're not adding
00:27to the deficit.
00:29So here we are, and the House of Representatives worked together and passed a bill.
00:36We passed a budget, we then passed a new budget, and then we passed a bill.
00:42We sent it to the Senate.
00:44The House bill was not perfect by any stretch of the imagination from my perspective.
00:50The House bill didn't do enough on many things that I think are important.
00:55But the House bill had core components of tax cut extensions for hardworking Americans.
01:02The House bill had core components to give resources to the President, the Administration,
01:11Tom Homan, Stephen Miller, Secretary Noem to secure the border and importantly to remove
01:16people through ICE and enforcement.
01:18The House bill had core components to make sure our defense can modernize.
01:24The House bill had core components, and this is where it gets important, to terminate the
01:33green new scam subsidies.
01:34Not all of them, that's why I said the bill wasn't perfect.
01:38I think we should repeal them all.
01:41Save over a trillion dollars.
01:43Stop subsidizing China.
01:45Stop subsidizing big corporations.
01:48Stop subsidizing unreliable energy.
01:51Stop interfering with the market.
01:55We only terminated about 60 percent of the green new scam.
02:00I think we should have done better.
02:04The House had core components in it to reform Medicaid.
02:07My colleagues on the other side of the aisle are saying we're going to be taking Medicaid
02:10away from people.
02:12Medicaid goes up between 20 and 30 percent under our budget over the next 10 years.
02:17Medicaid, under our bill, would be focused primarily on the vulnerable population more than the
02:25able-bodied.
02:26I think the bill should have gone farther.
02:28I think we should have reformed more of the money laundering scam that the FMAP, seven
02:32times multiple, giving more money to the able-bodied than the vulnerable, to stop the scam that
02:37blue states are taking money from red states and non-expansion states and giving it to hospitals
02:42and insurance companies.
02:44I think we should have ended that, done more.
02:46But we took a giant step forward to have work requirements to ensure that Medicaid could
02:51actually be solvent.
02:53It's gone up another trillion dollars just under the Biden administration in terms of
02:57its overall baseline cost.
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