Budget Committee Republicans Highlight Big, Beautiful Tax Relief on Tax Day

Budget Committee Republicans Highlight Big, Beautiful Tax Relief on Tax Day

WASHINGTON, D.C. - Today, Republican Members of the House Budget Committee highlighted how the One Big Beautiful Bill is ensuring American taxpayers are keeping more of what they earned during a hearing on the President's Fiscal Year 2027 Budget Request. This Tax Day, the average tax refund is $3,400, an 11% increase from last year.

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Vice Chair Lloyd Smucker (R-Pa.):

I want to remind everyone it's April 15th. People are seeing the impact of the tax bill that we have done.

So it's maybe appropriate that you're here on this day because I think we can be very proud of the assistance and the help that we've given to working families all across America.

I want to remind members here that 20 million Americans took advantage of the no tax on overtime. A very important policy to folks in my district and the districts of everybody here.

And I want to remind folks that Democrats voted against that policy. Millions of Americans took advantage of the no tax on tips. I can talk to a lot of them who are very grateful that they're able to keep more of their hard-earned dollars. Every Democrat here voted against that policy.

We effectively eliminated taxes on 88% of those who are receiving Social Security.

Every Democrat here voted against that policy. And in fact, we prevented what would have been the largest increase on middle-income Americans when we passed the One Big, Beautiful Bill, and every Democrat here voted against that policy.

The Republican Party, through that bill and other things that we've done under this Administration, is the party that is working to improve the lives of working Americans all across the country. They're feeling better because of that, and I'm very proud of the work that we've done.

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Rep. Ron Estes (R-Kan.):

Working Family Tax Cuts has been great jet fuel to help support and grow our economy in terms of making sure that we restore immediate R&D expensing and capital expenditures to help invest in the future.

When we keep taxes low for workers and provide full expensing for factories, we're ensuring that high-paying, high-tech jobs help maintain America's gold standard for global aviation.

Beyond aerospace, the tax savings have amounted to a Kansas family saving or acquiring about between $3,400 and $6,100 in inflation-adjusted wages over the next four years.

And focusing on so many good policies and helping make sure businesses like the small businesses that take advantage of the 199A deduction. You know, as we focus on how we make sure Main Street succeeds in America, whether it's in Wichita or Newton or Winfield or so many other communities across my district.

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Rep. Marlin Stutzman (R-Ind.):

Since it is Tax Day today, I do want to point out that the Big Beautiful Bill has made a huge impact for Hoosiers. This year, the average Hoosier is seeing a tax cut of $3,037, and that is real money in their pockets.

Eliminating the Death Tax. It's huge for farmers. It protects over 2 million families from a tax penalty for passing their farm to the next generation.

The no tax on auto loan interest is huge for Indiana and the Auto Belt.

That's just a couple of things, of course, no tax on tips, which we talk a lot about. No tax on overtime is an incentive for over 80 million hourly workers to keep more of their hard-earned money in their own pocket.

Thank you for your leadership and what you're doing on that.

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Rep. Addison McDowell (R-N.C.):

I think it's fitting that this hearing falls on Tax Day. And it also happens to be my oldest daughter's third birthday. Happy birthday, Mary Margaret. When I explain to her why I have to go to Washington, D.C. to work, I have to do it in a way that makes sense to a three-year-old.

And because of my colleagues either inability to understand what the One Big Beautiful Bill Act actually did, or their just refusal to acknowledge what it did, I want to explain it like I explained it to her, because her birthday is on Tax Day, which is a real blessing as a fiscal conservative to be able to talk to her about that.

What I told her this week, 'Daddy, why do you have to go to Washington?' Well, I have to go to Washington to make sure that when you get your birthday money and the government comes and takes 25% of it, if it weren't for Daddy and his Republican friends, the government would have taken 30%.

So, they want to say that this is a bill for billionaires. They're just wrong. And I don't know if it's that they don't understand the bill or that they just refuse to acknowledge what it actually does.