Tom Emmer
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I'd rather, let's do it two ways. I'd rather look at what could we put on the table? And we do this privately. So you won't get me to say, What it is, where it is. But I'll tell you, there's a list that we've sat down with that reaches somewhere between five and seven trillion. A year? Over the next 10 years. Okay. That's what that two trillion would be over the next 10 years. Okay.
So I'd rather, let's do it two ways. I'd rather look at what could we put on the table? And we do this privately. So you won't get me to say, What it is, where it is. But I'll tell you, there's a list that we've sat down with that reaches somewhere between five and seven trillion. A year? Over the next 10 years. Okay. That's what that two trillion would be over the next 10 years. Okay.
I mean, listen, if you're- A bunch of seven point.
I mean, listen, if you're- A bunch of seven point.
And the goal is, first, we've got to balance the budget. You've got to quit bleeding $1.5 to $2 trillion every year.
And the goal is, first, we've got to balance the budget. You've got to quit bleeding $1.5 to $2 trillion every year.
Yeah. Whatever. You've got to balance. Second thing you've got to do is start to bend the curve down. We've got the greatest economy in the world. It hasn't been performing where it could. I think with Donald Trump, we can put it in place where it can. You can see those revenues start to go up again. And if you have this so you're controlling it, you could pay that.
Yeah. Whatever. You've got to balance. Second thing you've got to do is start to bend the curve down. We've got the greatest economy in the world. It hasn't been performing where it could. I think with Donald Trump, we can put it in place where it can. You can see those revenues start to go up again. And if you have this so you're controlling it, you could pay that.
You could pay that down rather quickly. I mean, if you're talking in terms of a decade.
You could pay that down rather quickly. I mean, if you're talking in terms of a decade.
Be careful. Some tell you they fight, but they're not really fighting. This thing is going to happen because of Donald Trump. I think I leave it to Mike Johnson. He's the speaker. He will make these decisions. I'm not. I'm the whip. Whatever you tell me, my job is to make sure we get it done. And that's what we'll do. But I think you're going to see a two-track process.
Be careful. Some tell you they fight, but they're not really fighting. This thing is going to happen because of Donald Trump. I think I leave it to Mike Johnson. He's the speaker. He will make these decisions. I'm not. I'm the whip. Whatever you tell me, my job is to make sure we get it done. And that's what we'll do. But I think you're going to see a two-track process.
Mike Johnson for reconciliation has set a deadline. He wants to vote on a budget resolution by the first week of February. Why is that important? The budget resolution you have to have before you can even move forward with reconciliation. That's usually pre-negotiated with the Senate. So if we can keep with that aggressive timeline, you'll have that back to the House sometime in February.
Mike Johnson for reconciliation has set a deadline. He wants to vote on a budget resolution by the first week of February. Why is that important? The budget resolution you have to have before you can even move forward with reconciliation. That's usually pre-negotiated with the Senate. So if we can keep with that aggressive timeline, you'll have that back to the House sometime in February.
Once you have that, that allows your 12 subcommittees to get their allotment and start to build out their 12 appropriations subcommittees, build out their budgets. Jason Smith, our Ways and Means Chair, believes we can have that process done by the end of March.
Once you have that, that allows your 12 subcommittees to get their allotment and start to build out their 12 appropriations subcommittees, build out their budgets. Jason Smith, our Ways and Means Chair, believes we can have that process done by the end of March.
Mike, again, our speaker, in this very aggressive timeline, if that's possible, he would like to vote on it in the House in the first two weeks of April. This includes the tax permanency extensions, et cetera, from the Trump tax cuts back in 2017. If we're able to keep to that schedule, then you could realistically have a reconciliation bill to President Trump's desk by Memorial Weekend.
Mike, again, our speaker, in this very aggressive timeline, if that's possible, he would like to vote on it in the House in the first two weeks of April. This includes the tax permanency extensions, et cetera, from the Trump tax cuts back in 2017. If we're able to keep to that schedule, then you could realistically have a reconciliation bill to President Trump's desk by Memorial Weekend.
Well, I think people are going to have to innovate. And I think you've got to honor the promises that have been made.
Well, I think people are going to have to innovate. And I think you've got to honor the promises that have been made.