Speaker Mike Johnson, R-L. Proposal for Send American stimuli with money saved by the Ministry of Government Efficiency (Doge) and believed that funding is better directed towards state debt.
“Well, look, I mean, politically, it would be great for us, you know, because it gives everyone a check,” Johnson said during the Q&A session at a conference of a conservative political action (CPAC) on Thursday.
“But if you think about our fundamental principles, properly, fiscal responsibility is what we do as conservatives. It is our brand. And we have a 36 trillion dollars federal debt. “
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Mike Johnson’s home speaker hinted that he was not delighted with the proposal of the stimulation of President Trump. (Getty Images)
Johnson added that there has been a “giant deficit” so far – which has so far been over $ 838 billion for a fiscal year 2025, according to the Bipartisan Center for Politics – which he has now struggled with.
“I think we have to pay a credit card. I think we have to do that,” Johnson said.
Comes after the president Donald Trump He said that during the speech on Wednesday, he considered 20% of the savings under the guidance of DOGE on Wednesday at the FII priority summit in Miami.
A billionaire Elon Musk, who runs Dogea, said on Tuesday that he would “check with the president” on the proposal after being floated for the first time by Azoria investment company James Fishback.
Elon Musk wants Doge to reduce $ 2 trillion from the federal budget. (AP/Alex Brandon)
Doge’s specified goal under men is to reduce federal consumption by $ 2 trillion.
During his comments with Newsmax on Thursday, Johnson also warned that Americans could see the “biggest tax increase in American history” if Trump’s 2017 2017 Law on Tax and jobs reduction (Tcja) is not extended before the measures expired at the end of this year.
Congress Republicans are currently trying to use their majority to expand Trump’s tax reduction and forward their priorities to defense and border with a mass proposal of the law using the budget reconciliation procedure.
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Reconciliation will allow Johnson and Republicans to have a Democratic leader of House in the side step of Hakeem Jeffies. (Getty Images)
Under reconciliation, both Senate and House act in simple majority, allowing foreigners in power to adopt a huge proposal for the Budget Act without the help of opposition. Usually, the Senate threshold is two -thirds to pass.
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“We will take the blower to a regulatory state, check bureaucracy – a lot of details, a lot of subcategories under all these. But it will be a big, wonderful account. And that must be necessary, because it gives us the greatest likelihood of success.” I have one vote for most of this . “
Trump’s tax reduction is expected to cost more than $ 4.5 trillion.
