WASHINGTON -- Speaker Mike Johnson laid out on Tuesday a policy agenda should Republicans take the majority next year that extends the tax cuts approved when Donald Trump was president, reduces the size of the federal workforce and gives parents more choice on where they can send their children to school.Johnson emphasized five main policy points during a speech at the New York Stock Exchange.He talked of extending and building on the Trump tax cuts, confronting China, boosting oil and gas production, expanding school choice and cutting the size and scope of the federal government.“The survival of the American dream depends upon our victory,” Johnson said.The speaker and House Republicans are fighting this election season to hold their narrow House majority, with just a handful of seats to spare.
Republicans are hopeful that a Trump victory over Vice President Kamala Harris in the election will help propel them to majorities in the House and Senate, which would give them unified control of Washington for the first time since 2018 and the ability to enact a sweeping legislative agenda.Against the campaign backdrop, Johnson provided a bleak view of the economy under President Joe Biden, though the economy continues to grow at a solid pace, inflation is on the decline and the unemployment rate is still low by historical standards.
He spoke to an audience of Wall Street investors, traders and others who have witnessed stock markets reach record highs in recent days.But Johnson said that as he has traveled the country, he's meeting business owners on the verge of collapse because of high inflation, high taxes and over-regulation.And he said he's met moms and dads who have resorted to donating plasma and setting up crowdfunding pages so that they didn't lose their homes.“Our incredible people are hanging on right now in spite of so many unprecedented challenges, but many can't afford to do it much longer,” Johnson said.The first policy priority he outlined was ...