Exclusive: Top Treasury Adviser Says Blue Collar Wage Boom Will ‘Get Even Better’ Under Big Beautiful Bill

Joe Lavorgna, senior adviser to Treasury Secretary Scott Bessent, told Sirius XM’s Breitbart News Saturday that the blue-collar wage boom happening under President Donald Trump will only get better moving forward.

Lavorgna joined Breitbart News Washington Bureau Chief Matthew Boyle for a 13-minute segment on the program, where they kicked off the discussion with the rising wages among blue-collar workers — a 1.4 percent increase in 2025.

“The real blue collar boom, which we’re seeing — we’ve got a 1.4 percent annualized year-to-date increase, which is the second fastest start of a new administration dating back 60 years. The only time it was faster, and it was just a smidgen faster, was President Trump’s first term, when it grew 1.5 percent,” Lavorgna told Boyle.

He said the effects of the recently signed One Big Beautiful Bill will be a “boon” for blue-collar workers on top of the administration’s hot start to increasing wages.

“However, the good news is with the passage of the One Big Beautiful Bill, which brings back 100-percent expensing for capital expenditure and adds the new caveat, the novel approach of full expensing for factories and plants — that is going to be a boon for blue-collar workers,” he said. “Those are carpenters, electricians, plumbers, laborers.”

“It also includes things like nursing assistants, people that work in retail and wholesale trade, basically the backbone of the economy. Those workers are going to benefit from the increased capital that companies are incentivized now to make those commitments, in addition to the building of factories,” he added. “The workers who are going to build those factories are going to get paid, and workers are going to get paid more when they’re working in those factories. So it’s President Trump’s commitment to building that is going to really lead to what he calls the Golden Age, and this blue collar boom thing is going to extend and get even better going forward.”

Boyle emphasized that the One Big Beautiful Bill was signed much earlier in Trump’s second term than the Trump Tax Cuts were in his first term, and suggested that increases in blue-collar wages could ultimately eclipse the record set in Trump’s first term because the One Big Beautiful Bill was signed at an earlier point in the term.