Jon Husted defends promise of ‘growth’ from ‘big, beautiful bill’
jon Husted, a republican senator from Ohio, has defended the economic growth promises associated with a proposed piece of legislation referred to as the “big, gorgeous bill.” He believes that promoting economic growth is essential to managing the national debt effectively. Husted, who voted for the bill aimed at preventing a important tax increase for American taxpayers, addressed criticisms suggesting that the legislation might exacerbate the federal debt.He argued that without growth, the debt could increase and emphasized reforms, especially concerning Medicaid, that would require healthier adults without dependents to work for benefits and deny such benefits to undocumented individuals.Husted posited that these changes would ultimately reduce overall costs and the deficit over time.
As discussions continue, amendments are anticipated before the final Senate vote, which will later pass to the House. The bill includes proposed tax incentives for research and development, but it has faced criticism from figures like Tesla CEO Elon Musk, who claims it favors traditional industries over promising future technologies, notably thru cuts to electric vehicle tax credits and renewable energy incentives.The Senate is currently engaged in a lengthy reading of the bill, with a deadline set by President Trump for passage before July 4.
Jon Husted defends promise of ‘growth’ from ‘big, beautiful bill’
Sen. Jon Husted (R-OH) suggested that promoting economic growth, which he said the “big, beautiful bill” is trying to do, is another way to stave off the national debt.
Husted was among the Republican senators who voted to advance President Donald Trump’s tax legislation Saturday night. Husted celebrated that the bill would avoid a $4 trillion tax increase for American taxpayers. While on Fox News’s Fox & Friends on Sunday, Husted addressed critics of the bill who worry that it will only add to the federal debt rather than reduce it.
“The growth is necessary. If you really want to crash the debt, slow the economy down, and that’s what you’ll have problems with,” Husted said. “And this reforms things like Medicaid, saying that if you’re a healthy adult who doesn’t have young children and you’re receiving these generous tax benefits, well, you know what? You’re going to have to work in return for those benefits now. Illegals who are here taking Medicaid, you’re not going to get those benefits anymore. All of those things help reduce costs in the long run and help reduce the deficit.”
Future amendments are still expected before the Senate votes to pass the legislation to the House for its final stamp of approval. The Senate Finance Committee has proposed tax deductions for businesses for research and development efforts and interest costs for borrowing for capital spending projects.
Tesla CEO Elon Musk complained that the bill would stifle his electric car company’s growth. In a post to X Friday, Musk said the legislation “gives handouts to industries of the past while severely damaging industries of the future.”
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This was likely a reference to the bill’s proposal to end electric vehicle tax credits. The bill also includes bigger cuts to renewable energy, such as solar and wind. Companies that continue to use Chinese-manufactured parts can also expect an extra tax.
As of Sunday morning, the bill was still being read aloud word for word by clerks on the Senate floor. After that, each party will have up to 10 hours to plead its case for the legislation’s future. Trump gave Congress the deadline of July 4 to get it passed and to his desk.
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