WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined Larry Kudlow on Fox Business to discuss the urgent need for Congress to pass President Trump’s “One Big Beautiful Bill,” which cleared the House Budget Committee last night.
Read excerpts from the interview below or watch on YouTube or Rumble.
KUDLOW: “Senator Tuberville, as always, sir, great to see you. The Laffer Curve is one thing, [but] I’m hearing rumors that Republican Senators are gonna take the ‘One Big Beautiful Bill’ and split it up into three parts. I can’t—I mean, we had this debate months ago. I can’t imagine getting three reconciliation bills through Congress, but you tell me what’s going on here with three parts.”
TUBERVILLE: “Well, first of all, Larry, we all need to read the book titled JFK and the Reagan Revolution, written by Larry Kudlow himself. I think a lot of us up here have read that book, Larry. It’s a great book.”
KUDLOW: “Thank you, sir.”
TUBERVILLE: “But there is a lot of Republican Senators up here that would love to see more than ‘One Big Beautiful Bill.’ There are some pluses and there are some minuses [to that]. But at the end of the day, we’ve gone a long way and let’s go ahead and get this done if we possibly can. I think it’s gonna be very tough, though, Larry. There’s a lot of reform that has to be put into this bill, not cuts, but reform. […] So, I think tomorrow, President Trump’s coming here at 8:30 in the morning, as we just heard, is a warning signal that something’s not going very well over in the House to get this thing pushed to the Senate.”
KUDLOW: “I mean, you wanna get these tax cuts done. July 4th is fine. Memorial Day, March 31st would have been better, but whatever. July 4th is fine, okay? Get them done and [let them] take effect. The withholding rates will change. The depreciation rates will change. We’ll get the overtime pay and the tax-free tips and so forth and so on. We’ll get growth into the middle class, the blue collar, the working folks coalition. You wanna get it done as soon as possible. I can’t imagine dilly dallying through the rest of the year with three bills or whatever and risk a $5 trillion dollar tax hike?”
TUBERVILLE: “Yeah, we can’t do that. It’ll be disastrous. And, again, going back to the Laffer Curve, we all know. Everybody understands the more you lower taxes, the more money that comes into the federal government. And we have to understand that. A lot of people don’t believe that. Democrats keep fighting back on that. But as you said, it has been proven right. So, let’s get this done. Let’s let President Trump have his tax cuts that he ran on. We need to do that, but if we don’t get a tax bill done in the very near future, it won’t get done this year, and it will be a disaster for the Republican party.”
Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.
###
