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(As prepared for delivery)
Thank you, Mr. Chairman.
Since Republicans reclaimed the power of a trifecta in Washington, we have seen nothing but an onslaught of unprecedented and irresponsible abuses of power. Whether it’s been the Elon Musk led DOGE shadow operation rifling through Americans’ confidential data or the blatant weaponization of the IRS to target critics of the President, this Administration has trampled legality and dodged transparency at every turn. They operate in deception—circumventing oversight, misleading the public, and bending the levers of power to benefit those in the President’s ear. And Republicans in Congress and on this committee are rubberstamping all of it. Blocking resolutions to get answers for the American people as the Administration ducks accountability and refusing to assert their own power as an oversight and legislative body. They’ve written a blank check for the Trump Administration to taint the system in favor of wealthy tax cheats and against everyone else.
Now, hand in hand they’re attempting to ram through an abomination of a bill that adds at least $3 trillion to the debt and kicks 16 million from their health care. The Trump Administration and Congressional Republicans are about to make history. They will be responsible for the biggest theft of health care we’ve ever seen. And they’re racing to do it on rushed timelines and in the dead of night before their own members, let alone the public, can catch on. They’re gutting the IRS, shredding enforcement, and handing the ultra-rich billions while everyone else gets scraps. The Administration is robbing states of manufacturing and energy projects that have already proved effective in creating jobs and spurring investments. Cancelling these projects will cost Americans thousands of jobs and hand innovations to our global competitors. How does taking jobs away from American workers and ceding innovation to China square with what this Administration claims to stand for?
Mr. Secretary, when you were named Treasury Secretary, you had a reputation for steady, sound, fact-based decision-making, which set you apart from others in the President’s orbit. That’s why it’s so disappointing to see you attack nonpartisan scorekeepers like CBO and JCT, who just call balls and strikes, and rely instead on fantasy math to defend a bill that I believe you know clearly explodes the deficit. Mr. Secretary, if the math you project is to be true, why don’t the bond markets believe you? You claim CBO and JCT are providing partisan numbers, but it’s the markets who are reacting. Are they partisan, too?
When the President took office, we warned the consequences would be swift. Over four months in, they’re undeniable. Markets have been rattled. Confidence is crashing. GDP is shrinking. Power has been turned over to unelected and unqualified loyalists and lackeys, and the President has ignited a reckless trade war he has no plan for and is over his head with. And it’s all while he guts services millions rely on so he can enrich himself and his friends.
Under Trump and Republicans’ watch, the American people are being left with a system rigged against them. Their privacy is under threat. Their basic needs are on the chopping block. And their government is being twisted into a tool for political retribution and personal gain.
We cannot let this stand. Oversight is a sacred obligation of Congress. When Republicans refuse to ask real questions, Democrats will. We will fight to protect taxpayers and their privacy, defend the integrity of our institutions, and ensure no one, no matter how wealthy or well-connected, is above the law.
I yield back.
###
(As prepared for delivery)
Thank you, Mr. Chairman.
Since Republicans reclaimed the power of a trifecta in Washington, we have seen nothing but an onslaught of unprecedented and irresponsible abuses of power. Whether it’s been the Elon Musk led DOGE shadow operation rifling through Americans’ confidential data or the blatant weaponization of the IRS to target critics of the President, this Administration has trampled legality and dodged transparency at every turn. They operate in deception—circumventing oversight, misleading the public, and bending the levers of power to benefit those in the President’s ear. And Republicans in Congress and on this committee are rubberstamping all of it. Blocking resolutions to get answers for the American people as the Administration ducks accountability and refusing to assert their own power as an oversight and legislative body. They’ve written a blank check for the Trump Administration to taint the system in favor of wealthy tax cheats and against everyone else.
Now, hand in hand they’re attempting to ram through an abomination of a bill that adds at least $3 trillion to the debt and kicks 16 million from their health care. The Trump Administration and Congressional Republicans are about to make history. They will be responsible for the biggest theft of health care we’ve ever seen. And they’re racing to do it on rushed timelines and in the dead of night before their own members, let alone the public, can catch on. They’re gutting the IRS, shredding enforcement, and handing the ultra-rich billions while everyone else gets scraps. The Administration is robbing states of manufacturing and energy projects that have already proved effective in creating jobs and spurring investments. Cancelling these projects will cost Americans thousands of jobs and hand innovations to our global competitors. How does taking jobs away from American workers and ceding innovation to China square with what this Administration claims to stand for?
Mr. Secretary, when you were named Treasury Secretary, you had a reputation for steady, sound, fact-based decision-making, which set you apart from others in the President’s orbit. That’s why it’s so disappointing to see you attack nonpartisan scorekeepers like CBO and JCT, who just call balls and strikes, and rely instead on fantasy math to defend a bill that I believe you know clearly explodes the deficit. Mr. Secretary, if the math you project is to be true, why don’t the bond markets believe you? You claim CBO and JCT are providing partisan numbers, but it’s the markets who are reacting. Are they partisan, too?
When the President took office, we warned the consequences would be swift. Over four months in, they’re undeniable. Markets have been rattled. Confidence is crashing. GDP is shrinking. Power has been turned over to unelected and unqualified loyalists and lackeys, and the President has ignited a reckless trade war he has no plan for and is over his head with. And it’s all while he guts services millions rely on so he can enrich himself and his friends.
Under Trump and Republicans’ watch, the American people are being left with a system rigged against them. Their privacy is under threat. Their basic needs are on the chopping block. And their government is being twisted into a tool for political retribution and personal gain.
We cannot let this stand. Oversight is a sacred obligation of Congress. When Republicans refuse to ask real questions, Democrats will. We will fight to protect taxpayers and their privacy, defend the integrity of our institutions, and ensure no one, no matter how wealthy or well-connected, is above the law.
I yield back.
###
(As prepared for delivery)
Thank you, Mr. Chairman.
Since Republicans reclaimed the power of a trifecta in Washington, we have seen nothing but an onslaught of unprecedented and irresponsible abuses of power. Whether it’s been the Elon Musk led DOGE shadow operation rifling through Americans’ confidential data or the blatant weaponization of the IRS to target critics of the President, this Administration has trampled legality and dodged transparency at every turn. They operate in deception—circumventing oversight, misleading the public, and bending the levers of power to benefit those in the President’s ear. And Republicans in Congress and on this committee are rubberstamping all of it. Blocking resolutions to get answers for the American people as the Administration ducks accountability and refusing to assert their own power as an oversight and legislative body. They’ve written a blank check for the Trump Administration to taint the system in favor of wealthy tax cheats and against everyone else.
Now, hand in hand they’re attempting to ram through an abomination of a bill that adds at least $3 trillion to the debt and kicks 16 million from their health care. The Trump Administration and Congressional Republicans are about to make history. They will be responsible for the biggest theft of health care we’ve ever seen. And they’re racing to do it on rushed timelines and in the dead of night before their own members, let alone the public, can catch on. They’re gutting the IRS, shredding enforcement, and handing the ultra-rich billions while everyone else gets scraps. The Administration is robbing states of manufacturing and energy projects that have already proved effective in creating jobs and spurring investments. Cancelling these projects will cost Americans thousands of jobs and hand innovations to our global competitors. How does taking jobs away from American workers and ceding innovation to China square with what this Administration claims to stand for?
Mr. Secretary, when you were named Treasury Secretary, you had a reputation for steady, sound, fact-based decision-making, which set you apart from others in the President’s orbit. That’s why it’s so disappointing to see you attack nonpartisan scorekeepers like CBO and JCT, who just call balls and strikes, and rely instead on fantasy math to defend a bill that I believe you know clearly explodes the deficit. Mr. Secretary, if the math you project is to be true, why don’t the bond markets believe you? You claim CBO and JCT are providing partisan numbers, but it’s the markets who are reacting. Are they partisan, too?
When the President took office, we warned the consequences would be swift. Over four months in, they’re undeniable. Markets have been rattled. Confidence is crashing. GDP is shrinking. Power has been turned over to unelected and unqualified loyalists and lackeys, and the President has ignited a reckless trade war he has no plan for and is over his head with. And it’s all while he guts services millions rely on so he can enrich himself and his friends.
Under Trump and Republicans’ watch, the American people are being left with a system rigged against them. Their privacy is under threat. Their basic needs are on the chopping block. And their government is being twisted into a tool for political retribution and personal gain.
We cannot let this stand. Oversight is a sacred obligation of Congress. When Republicans refuse to ask real questions, Democrats will. We will fight to protect taxpayers and their privacy, defend the integrity of our institutions, and ensure no one, no matter how wealthy or well-connected, is above the law.
I yield back.
###
(As prepared for delivery)
Thank you, Mr. Chairman.
Since Republicans reclaimed the power of a trifecta in Washington, we have seen nothing but an onslaught of unprecedented and irresponsible abuses of power. Whether it’s been the Elon Musk led DOGE shadow operation rifling through Americans’ confidential data or the blatant weaponization of the IRS to target critics of the President, this Administration has trampled legality and dodged transparency at every turn. They operate in deception—circumventing oversight, misleading the public, and bending the levers of power to benefit those in the President’s ear. And Republicans in Congress and on this committee are rubberstamping all of it. Blocking resolutions to get answers for the American people as the Administration ducks accountability and refusing to assert their own power as an oversight and legislative body. They’ve written a blank check for the Trump Administration to taint the system in favor of wealthy tax cheats and against everyone else.
Now, hand in hand they’re attempting to ram through an abomination of a bill that adds at least $3 trillion to the debt and kicks 16 million from their health care. The Trump Administration and Congressional Republicans are about to make history. They will be responsible for the biggest theft of health care we’ve ever seen. And they’re racing to do it on rushed timelines and in the dead of night before their own members, let alone the public, can catch on. They’re gutting the IRS, shredding enforcement, and handing the ultra-rich billions while everyone else gets scraps. The Administration is robbing states of manufacturing and energy projects that have already proved effective in creating jobs and spurring investments. Cancelling these projects will cost Americans thousands of jobs and hand innovations to our global competitors. How does taking jobs away from American workers and ceding innovation to China square with what this Administration claims to stand for?
Mr. Secretary, when you were named Treasury Secretary, you had a reputation for steady, sound, fact-based decision-making, which set you apart from others in the President’s orbit. That’s why it’s so disappointing to see you attack nonpartisan scorekeepers like CBO and JCT, who just call balls and strikes, and rely instead on fantasy math to defend a bill that I believe you know clearly explodes the deficit. Mr. Secretary, if the math you project is to be true, why don’t the bond markets believe you? You claim CBO and JCT are providing partisan numbers, but it’s the markets who are reacting. Are they partisan, too?
When the President took office, we warned the consequences would be swift. Over four months in, they’re undeniable. Markets have been rattled. Confidence is crashing. GDP is shrinking. Power has been turned over to unelected and unqualified loyalists and lackeys, and the President has ignited a reckless trade war he has no plan for and is over his head with. And it’s all while he guts services millions rely on so he can enrich himself and his friends.
Under Trump and Republicans’ watch, the American people are being left with a system rigged against them. Their privacy is under threat. Their basic needs are on the chopping block. And their government is being twisted into a tool for political retribution and personal gain.
We cannot let this stand. Oversight is a sacred obligation of Congress. When Republicans refuse to ask real questions, Democrats will. We will fight to protect taxpayers and their privacy, defend the integrity of our institutions, and ensure no one, no matter how wealthy or well-connected, is above the law.
I yield back.
###
