Press Releases

(As delivered)

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Thank you. Mr. Speaker. I yield myself two minutes. So we might have visited a lot of places, tonight or this morning,  I should say, why don't we visit reality? 

Here's the reality because we're going to talk about facts for the next 15 minutes on our side. One thing you can understand very clearly the Republicans in the House surrendered to the Republican to the Senate and once again when the going got tough both institutions surrendered to the president. 

This bill became worse along the way when it was already a pretty bad product. 

In terms of expertise, Republicans said let's reject what the Congressional Budget Office says. Let's reject what the Joint Committee on Taxation might have to say and of course, when the going gets tough, let's blame the Federal Reserve Board because of interest rates. 

Under this bill, here's a fact, Mr. Speaker, if you made a million dollars last year you're gonna make a plus of $96,000 in the next tax filing season. That's a fact, but here's the real fact in the scam that's being presented to the American people with this legislation. If you made under $50,000 last year, you're gonna get 68 cents a day in terms of your tax relief. The Senate was too generous. They were at 73 percent. So, the House wanted to go back to on the Republican side, 68 cents. 

Here's the real kicker for a party that has preached fiscal rectitude that I've listened to it all my years here. All my years here, voting for the balanced budget amendment, taking up all of these pursuits in terms of fiscal rectitude, they're borrowing $5 trillion additional dollars to pay for a tax cut for the wealthiest amongst us. $5 trillion is being added to the debt. 

I call attention to that because they're taking away health insurance from poor people, hospitals are going to suffer, Medicare is going to be cut, the Child Tax Credit will leave out the poorest, and seniors are threatened with much of the necessities of everyday life. SNAP, Medicaid, Medicare, and the ACA are all about to be gutted in the name of a tax cut for the wealthiest amongst us."

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"I can't wait with the Republican Party to meet that waitress who's making $32 ,000 a year and tell her in this tax bill the Republican Party just gave her 68 cents more a day 'cause that's the reality of what this tax bill is about. 

But we can also say in the next breath, if you made a million dollars last year, you're gonna get $96,000. This is a fact -free argument. 

They're making this argument out that the person at the bottom is gonna do well in contrast to the person at the top. There's simply no factual basis to that. 

And by the way, the party of fiscal rectitude, they're borrowing $5 trillion to pay for a tax cut for the wealthiest amongst us.”

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