We're obviously involved in a number of budget bills that are moving trying to make sure all of your priorities are reflected in the reconciliation, working on our upcoming budget.
Wonderful job by the entire cabinet on that front.
I can tell soon on that front, sending up recisions bills to Congress for things that Elon has found.
But the regulatory aspect is something we don't talk about enough and right now you give us a goal of 10 for one.
We are working right now with all of the agencies to wrap up how big of a deregulatory agenda that we can have.
When you came into office, you basically stopped $200 million in costs to airmen families just by stopping the Biden Regulatory Agenda.
That's about $2,000 per family, we think.
when we're going to hit these 10 for one goals,
that we could be in the neighborhood of about $900
million in savings to American families,
that would be substantially bigger than that $2,000 number.
And the point that I would make, in addition to just savings
cheaper to the American people, there's
an aspect of wisdom when you're enforcing these rules that
comes into play.
And I'm your regulator for the Consumer Financial Protection
Bureau.
And we found this small mortgage lender in Chicago.
His name is Barry Stern.
He had a firm called Townstone.
And the CFPB had gone after him because he complained
about crime in Chicago, literally the same thing
that the Democrat mayor had talked about.
And they came after him for seven years
on a redlining, disparate impact claim and ruined his life.
We overturned that, we apologize on your behalf to that individual, and we basically, without having to go through notice and comment, we ended the policy that set that in motion.
And so that's happening across these agencies with how they are using their enforcement discretion, and it will only continue based on...
the stone wall of backing that you've given us
to make these hard calls.
I don't think they're actually that hard,
but no one's done it to this point.
And we were able to go forward and do that
with the backing that you gave us.
So maybe the biggest thing we're working on
may be bigger than tariffs, in a certain sense,
is the, we call it, the one big, beautiful bill.
And that's wielding its way right now through the Senate.
And John Foon has been actually amazing.
And the speaker has been so great, Congress.
Mike Johnson has been really two guys.
They get along great, and it's just been a beautiful,
unified attack, really, because we have to attack
because the Democrats are trying to stop it at every turn.
It would mean a 58 percent tax hike if they were successful.
And lots of other bad things beyond the tax hike.
But with us, it will be the biggest tax cut in American history.