Mike Johnson claims House GOP is working 'full steam ahead' to drive Trump’s affordability plan

WASHINGTON, DC: House Speaker Mike Johnson declared that Republicans were working "full steam ahead" to dismantle the remnants of the Biden administration's policies and fully implement President Donald Trump's vision for an affordable America.

In an exclusive interview with Fox News Digital on Friday, November 22, Johnson laid out an aggressive strategy for the remainder of the congressional session, promising that the GOP was "bullish" on reducing the cost of living for struggling families. 

The speaker acknowledged the tight timeline but insisted that lawmakers were laser-focused on codifying executive orders and advancing Trump's affordability agenda.

Mike Johnson claims Americans 'rightfully revolted' over inflation 

Johnson wasted no time placing the blame for the current economic climate squarely on the shoulders of the previous administration. He argued that the high cost of living was a direct result of policies approved by former President Joe Biden.

"People rightfully revolted against that, and gave us the power again in January," Johnson said, referring to the GOP's electoral mandate.

While acknowledging that the economy was "complex" and couldn't be fixed in a week, Johnson emphasized that the "revolt" was a necessary correction to years of Democratic mismanagement. 

GOP predicts 'economic boom' with new tax cuts

The centerpiece of the Republican strategy was the newly rebranded "working families' tax cut," formerly known as Trump's 'One Big, Beautiful Bill Act'.

Johnson predicted a massive turnaround by early next year, citing the "pro-growth policies" championed by the Trump White House and Treasury Secretary Scott Bessent.

"By the time we get into the first and second quarter of next year... we should have an economic boom," Johnson argued. "Taxes will be lower, no tax on tips and overtime, lower taxes on seniors."

He expressed confidence that these measures would unleash "job creators, entrepreneurs, risk-takers, innovators" to revitalize the market.

President Donald Trump also said that the US was on the brink of a “record-setting” surge in tariff revenue, arguing that the true impact of his trade agenda has not yet been reflected in official data.

In a lengthy post on Truth Social late Sunday night, the president claimed that global buyers had initially “stocked up” on goods to avoid paying higher duties but said that the strategy was now fading.

Healthcare and energy costs in the crosshairs

Beyond taxes, Johnson signaled that the House was preparing to tackle two other major burdens on American wallets- healthcare and energy.

Republicans were drafting a healthcare package aimed at slashing "sky-high premiums" and reforming the "badly flawed" Obamacare system.

Additionally, committees were reportedly advancing legislation to fix the "outdated" permitting system for new energy projects, a move designed to lower utility bills across the board.

"Everything I just described will happen in due time, and it will. So we're very bullish about it," Johnson concluded.