Verdict with Ted Cruz BONUS: Sean Hannity - Debunking The Myths - July 1st, Hour 2
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Jul 5, 2025 Kurt Couchman, a Senior Fellow in Fiscal Policy at Americans for Prosperity, joins Sean Hannity to debunk myths surrounding the 2017 tax cuts. He reveals that these cuts benefitted all income levels, not just the wealthy, and clarifies that Medicaid reforms focus on efficiency rather than slashing support. Couchman argues that rising deficits stem from excessive spending, not tax cuts, and emphasizes that economic growth is key to reducing the deficit. This engaging discussion is vital for anyone interested in fiscal policy and government accountability.
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Truth About 2017 Tax Cuts
- The 2017 Tax Cuts and Jobs Act provided tax relief across all income levels, including doubling the standard deduction.
- Medicaid reforms focus on efficiency and appropriate work requirements, not reducing support for vulnerable people.
Senate Bill's Impact Compared
- The Senate version of the tax bill saves more money than the House version due to necessary changes for reconciliation.
- Passing this bill avoids a worse bipartisan deal that would maintain Democrat green energy policies and prevent key reforms.
Tax Cuts Fuel Growth & Revenue
- Tax cuts can spur economic growth and increase federal revenue, as seen under Reagan and Trump.
- The main deficit issue stems from excessive government spending, not tax cuts.