RSC Chairman Pfluger Pushes Second Reconciliation Bill to Slash Deficit by $1 Trillion

WASHINGTON, D.C. — Republican Study Committee (RSC) Chairman August Pfluger joined Maria Bartiromo on Fox Business' 'Mornings with Maria' to lay out the RSC's second reconciliation framework, "Making the American Dream Affordable Again," a plan targeting home ownership, health care, and energy costs while slashing the federal deficit by $1 trillion.

Highlights from the interview on the major tenets of the framework are below:

RSC Chairman Pfluger on Restoring Affordable Home Ownership:
"Our framework lays out a common sense plan where we have lots of ideas, a menu of options that now our conference can come together. We're going to have our first meeting today in the House to start discussing what can be a part of that. But I'm proud of it, because Americans are watching, and Democrats spent four years making America unaffordable. We're going to deconstruct that, rebuild it, and it's going to be even better."

RSC Chairman Pfluger on Capital Gains Relief for First-Time Homebuyers:
"We've got a provision in there, Maria, that would get rid of capital gains taxes for those who are selling, maybe rental home properties, to first-time homeowners. And you'd be surprised to know that the average age of a first-time home buyer right now is 41 years old. That's not the American Dream. Let's push that back down into the twenties and let families achieve that goal earlier."

RSC Chairman Pfluger on Timeline and Fiscal Responsibility:
"It's got to be quick. I mean, we have to move with a sense of urgency. The scope and the scale can't be as big as the One Big Beautiful Bill, but as many of my colleagues have said, it will be just as beautiful. So it needs to move within the next couple of months. I think of it like a two-minute drill in football, where we're moving quickly."

"Obviously, the Republican Study Committee is a fiscally conservative group, and we want to see a deficit reduction so that's going to be a big tenet of it. Now, the hard work begins of us really talking about and having a dialogue and a debate about what can go in there, but it does need to save money. Just take Minnesota and the fraud that's going on. There's plenty of money to be saved, and attacking that fraud is a big piece of it."

RSC Chairman Pfluger on Codifying President Trump's Success:
"When you think about what the task was in January of last year, I mean, we're just one year removed, almost to the day, one year removed from the President taking over, he had to supercharge the economy in 365 days, and he's done that, and now we've got to build upon that success and codify his executive orders to make sure that this is long lasting, that it doesn't go away in a couple of years. That's our job - to codify and to make sure that Americans can enjoy economic prosperity for a long time."