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Congressman says package preserves tax cuts, adds $4,000 Social Security credit and funds border and defense priorities
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Summary
In an interview, a congressman described a large tax-and-spending bill as making prior tax cuts permanent, creating a $4,000 tax credit for Social Security recipients and adding funds for border and defense; he said the measure will go to the Senate where changes are expected.
A congressman told host Greg Stube that a wide-ranging tax-and-spending bill now headed to the Senate would lock in prior tax cuts, create a $4,000 tax credit for people on Social Security and add funding for border and defense priorities.
"So a way to accomplish that was to give a $4,000 tax credit for people that are on Social Security," the congressman said, adding the package is "a huge win for America" and for the president. The congressman said Senate reconciliation rules prevented directly adjusting Social Security, so the credit was the chosen approach.
The lawmaker also said the bill "makes permanent the tax cuts and jobs act from 5 years ago that will expire at the end of this year." He warned that, in his view, if the measure failed to pass federal taxes would rise sharply: "taxes would increase on every American by, like, 20%," with small businesses facing roughly a 22% increase and the average family of four seeing about $3,500 more.
Beyond taxes, the congressman said the package includes funding for border operations and border patrol personnel, measures the president supports on the border including construction the guest described as "the wall," and added defense spending and funding for what he called "the Golden Dome" the president wants. "This is a huge, huge bill," he said.
Greg Stube asked what the Senate might do with the measure; the host noted reporting that three senators oppose it and that Senator Ron Johnson has proposed splitting the legislation into two bills. The congressman said he expects the Senate to make changes and signaled he does not support some of the increases the Senate has discussed, saying that some provisions were increased in the Senate version "higher than came out of the ways and means committee." He said the Senate will make its own decisions.
The package, as described in the interview, combines tax provisions, border and defense funding. The congressman framed it as protecting prior tax reductions while directing additional credits to Social Security recipients because of procedural limits in the Senate; he said the next step is consideration and likely amendment in the Senate.
