The speaker Johnson says that Trump’s megabill will be “jet fuel” for the economy

Chamber president Mike Johnson, R-La., Said on Sunday that President Donald Trump’s megabill would be “jet fuel” for the economy despite the critics of the Democrats.

Johnson, who ceremoniously gave Trump the hammer after the president signed his tax discounts and his signature expenses on Friday, teased two future bills over the next year. In an appearance on “Fox News Sunday”, he said that the “big and beautiful Bill”, which is “a huge leap forward for our priorities”, is the first step in a three -level strategy. Johnson awaits a second bill of reconciliation in the fall and a third in the spring before the end of the current congress.

“I think we can do it, and you will therefore see more of us advance these common sense principles to deliver this first American program for people,” said Johnson. “This is what they elected us to do, and it was extremely forward.”

Johnson postponed a service note from the campaign committee of the Democratic Congress (DCCC) claiming that the Republicans will lose the majority in 2026 due to the “great and beautiful bill”.

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President Donald Trump shakes hands with the president of the Mike Johnson room in Los Angeles, after having signed his megabill at the White House on Friday, July 4, 2025. (AP photo / Julia Demaoree Nikhinson)

“Our Republicans will come out through the country by telling the simple truth, and guess what? This will be demonstrated,” said Johnson. “Everyone will have more wages to take away, they will have more jobs and opportunities. The economy will do better, and we will be able to underline it as the obvious result of what we have done. So, do not buy these false discussion points.”

The speaker rejected the criticisms of the Ro Khanna representative, D-Calif., And the president of DNC Ken Martin in particular as “former tired discussion points” which are generally used against any republican tax legislation.

Johnson stressed that the bill permanently extends Trump’s tax reductions 2017, which, according to the speaker, targets American and average income. He said the lowest 20% of the employees have witnessed their lowest federal tax rates in 40 years due to these original discounts and said the new Megabill was relaxing by reducing advice, overtime and the elderly – the advantages which, according to him, will help the Republicans in the mid -term elections of 2026.

“We give everyone a tax reduction,” Johnson told the host of “Fox News Sunday” Shannon Bream. “And that will help the economy, it will be reaction fuel. Small businesses, entrepreneurs, risk takers, people who provide jobs, manufacturers, farmers get aid here, and who will raise the economy.”

Quoting the Council of Joint Economic Advisers, Johnson said that the Megabill would stimulate economic growth of 3%, will create 4 million jobs and increase the home salary of the average household by $ 13,000.

“It’s a good thing for people who will work every day,” said Johnson. “They will feel this. And we are delighted with the next electoral cycle in 26. Because people will lead an economic summit, just as we did after the first two years of the first Trump administration. This time, it is on steroids.”

President Donald Trump holds a hammer presented by the president of the Mike Johnson Chamber of the., After having signed his bill on tax alternatives and expense discounts at the White House, Friday, July 4, 2025, in Washington. (AP photo / Evan VUCCI)

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Johnson also responded to the criticisms of representative Glenn Ivey, D-MD., Who argued that the Megabill makes tax reductions for the richest permanent Americans, while those in the working class “are sensitive to time” and “expire in a few years”.

“Now, I don’t think he has read the bill, it’s 940 pages, so I would give a certain thanks to this subject,” said Johnson in response to Ivey’s assertions.

Bream noted that I act was listening to while the text of the bill was read last Sunday.

Chamber Mike Johnson, R-La, points to President Donald Trump after having signed his bill on tax loss and discounts of expense at the White House, Friday, July 4, 2025, in Washington, surrounded by members of the Congress. (AP photo / Evan VUCCI)

“Yeah, you’re right, for 19 hours or whatever he took,” said Johnson. “If you earn between $ 30,000 and $ 80,000 per year, you can have a federal tax rate of 15% less. You will save more money, you will keep more of your harsh money earned, and that will not disappear. So, by making all these reductions in permanent tax, it is the biggest tax bill, the most important, the most important, the most important tax bill For people who go out and work hard and the most consecutive that Congress has ever adopted because it is for people who come out and work hard and the most consecutive that Congress has ever adopted because it is for people who go out and work hard every day. ”

Johnson said that the bill pushes “pro-growth policies” and constitutes the “greatest economies for taxpayers in American history”.

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“In the bill, we will also secure the border permanently. We will return to the domination of American energy, which will also be fuel to the reaction of the economy,” said Johnson. “We are going to take care of peace by force because we will give important investments in our military industrial complex, which will help us in our competition with China. There is so much in this bill.”