House Speaker Mike Johnson said there is more legislation in the pipeline after President Donald Trump's One Big Beautiful Bill Act passed this week, Newsmax reported. Johnson stated that additional budget reconciliation bills are expected to be introduced in the fall and spring of next year.
The president's signature legislation passed the House this week after nearly all House Republicans eventually agreed to sign on despite several misgivings about spending. Trump signed the bill into law in a spectacular ceremony on July 4.
Johnson was instrumental in pulling together support for the legislation from Republicans. On Thursday, the House Speaker promised more legislation, including two additional reconciliation bills that will help implement the Trump agenda.
Johnson appeared on Fox News's The Ingraham Angle on Thursday to take a victory lap and share his plans for the future. Speaking to Raymond Arroyo, who was filling in for host Laura Ingraham, Johnson laid out his plans.
"This is the first of a five-step process to get us back to fiscal stability. The reconciliation bill today was a big, giant leap forward," Johnson told Arroyo.
"But we're going to do this again. We're going to have a second reconciliation package in the fall and a third in the spring of next year for the next two fiscal years," Johnson said.
"And we're going to have rescission packages. The White House is sending us collections of items to claw back the spending that was wasted," Johnson promised, keeping in line with Trump's goal of streamlining the federal government.
"And we're going to appropriate at lower levels. The Republican Party is the party to get us back to fiscal responsibility. We can't do it overnight, though. But we are on the right track and the president is committed to it as well," Johnson said.
Trump was likely stunned that Johnson was able to pass this legislation and thanked him and others for their efforts, CNN reported. Trump signed the bill into law with a ceremony that included fireworks and a flyover of B-2 bombers on Independence Day.
"We made promises, and it’s really promises made, promises kept, and we’ve kept them. There’s a triumph of democracy on the birthday of democracy, and I have to say that the people are happy," Trump said from the White House.
Democrats had dug their heels in against this legislation and a few Republicans balked, but Trump promised that they would come to regret that. "We are going to have something where people are going to realize the level of success and popularity of this bill," Trump said.
The bill's signing comes after Trump's successful takedown of Iran's nuclear program as well as several Supreme Court victories. "This had to be the best two weeks. Has anybody ever had a better two weeks?" Trump said at the signing.
Republicans have to prove themselves by the time the 2026 midterms roll around, and it looks like they're on their way. They now have momentum, thanks to Trump's bold moves and Johnson's backing with promises of future legislation.