Rep. Chip Roy on Trump's Budget Bill: 'Long Way to Go' on Spending Restraint

Concerns with Trump's Budget Bill

• 📌 Texas Congressman Chip Roy explains his 'present' vote on the budget committee, citing significant concerns that remain with the bill.
• 💡 While progress has been made on issues like Medicaid work requirements, the language reflecting these changes is not yet finalized.

Green New Deal Subsidies and Deficit Spending

• 💸 Roy expresses concern that even with proposed changes, 40-50% of Green New Deal subsidies could continue, contradicting President Trump's promise to terminate them.
• 📈 The bill, even with favorable analysis, shows an additional $1.4 trillion in deficit spending over the first five years, with projected savings in later years being uncertain.

Tax Policy and Economic Growth

• 📊 Roy questions the bill's tax policy, noting that while expensing is important, corporate rate reductions are already permanent, and other provisions like child tax credits are not considered high-growth tax policy.
• 📉 He is skeptical of the projected outyear savings, emphasizing that massive deficits are still present in the first five years despite dynamic scoring.

Medicaid Expansion and Fiscal Stability

• ⚠️ A critical issue is the risk of Obamacare's Medicaid expansion in non-expansion states, which Roy believes could bankrupt the country and