Rick Jackson, the Republican nominee for governor of Georgia, supports the One Big Beautiful Bill Act, a law the Congressional Budget Office now says will leave the country $4.2 trillion deeper in debt by 2034. His campaign told Fox News on April 27, 2026 that he supports the bill, "Period."
At a Thomasville campaign stop in March 2026, Jackson praised "many parts" of the law and said it had saved him from a much larger tax bill. The budget office found that the top tenth of households gains an average of $13,600 a year from the law while the lowest-income tenth loses about $1,200, mostly through its cuts to Medicaid and SNAP.
Rick Jackson's Statements on the Tax and Spending Law
- Jackson's Campaign Said He Supports the Law That Adds $4.2 Trillion to the Debt Through 2034. Rick Jackson's campaign spokesman, Mike Schrimpf, told Fox News Digital on April 27, 2026: "Rick supports the Big Beautiful Bill. Period." That statement of support covers the whole law, including its tax cuts and how they are paid for. In its updated estimate, counting the law's effects on the economy, the Congressional Budget Office finds the law raises federal debt by $4.2 trillion over 2025-2034, and by $4.7 trillion when 2035 is included, and the Committee for a Responsible Federal Budget reports that higher interest rates from the law raise federal interest costs by $405 billion through 2034.
- Jackson Praised the Law's Tax Cuts, Saying Without Them He Would Pay 40 Percent More in Taxes. Fox News reported on April 27, 2026 that at a campaign event in Thomasville the month before, Rick Jackson told voters that "many parts" of the law were "great" and that he would be paying "40 percent more in taxes" if it had not passed. The Congressional Budget Office found that, under the law, households in the top tenth by income gain an average of $13,600 a year while the lowest-income tenth lose about $1,200 a year in total resources, largely because of the law's cuts to Medicaid and SNAP.
- The Law Jackson Backs Leaves 19 Million Children Out of the Full Child Tax Credit. The law Rick Jackson supports set the top child tax credit at $2,200 for each child but kept the rule that a family must earn enough to owe tax before it can get the full amount. Columbia University's Center on Poverty and Social Policy estimates that 19 million children nationwide, 28 percent of children under 17, are shut out of the full credit under the law because their families earn too little, and that a two-parent family with two children needs at least $41,500 in income to receive all of it.
What the Tax Law Rick Jackson Supports Means for Georgia Families
- 743,000 Georgia children are shut out of the full child tax credit. In Georgia, 743,000 children, 31 percent of the state's children, live in families that earn too little to get the full credit under the law, up from 663,000, or 28 percent, under the prior rules, according to Columbia's Center on Poverty and Social Policy, so their parents get only part of the credit or none of it.
- Georgia loses $7.6 billion in federal Medicaid money that helps pay for the tax cuts. KFF's allocation of the Congressional Budget Office estimate is that the law cuts federal Medicaid spending in Georgia by about $7.6 billion over ten years, money that pays Georgia hospitals, nursing homes and doctors for the care of low-income patients.
Frequently Asked Questions About Rick Jackson on Taxes and the deficit
What is Rick Jackson's record on taxes and the deficit under Trump?
Rick Jackson's campaign said in April 2026 that he supports the One Big Beautiful Bill Act, which the Congressional Budget Office says adds $4.2 trillion to the debt through 2034. Jackson praised its tax cuts and said they spared him 40 percent more in taxes, while the budget office found the lowest-income households come out behind. In Georgia, 743,000 children are left out of the law's full child tax credit.
Who benefits from the tax law Rick Jackson supports?
Under the tax law Rick Jackson supports, the richest 1 percent of Americans get an average tax cut of more than $70,000 in 2026, while the poorest fifth see a small average tax increase, according to the Institute on Taxation and Economic Policy. Fox News describes Jackson as a billionaire.
Does Rick Jackson support the cuts that help pay for the tax law?
Yes. Rick Jackson's campaign said he supports the whole law, "Period," and KFF describes the law's Medicaid cuts as partly offsetting the cost of the tax cuts it extended. The Congressional Budget Office found the Medicaid and SNAP cuts are a large reason the poorest households lose resources under the law.
Last updated: 2026-10-26