On the recordApril 2, 2025
Madam President, I have to agree. We have finally made it to Donald Trump's promise and self-proclaimed liberation day. But here is what I also observe: The stock market is down since the beginning of the year. The cost of everything from groceries to housing continues to rise. Americans' retirement funds have shrunk. The chances of a recession are up. That sure doesn't feel like a liberation to me. I bring these examples up simply to highlight the hypocrisy of this administration. Donald Trump campaigned on a promise to lower prices on day one of his administration, but he has done the exact opposite. His policies and his rhetoric are raising the cost of living for hundreds of millions of Americans. To make matters worse, he is simply lying about it. In fact, his top trade adviser has gone on record promising Americans that we all must just be confused and that the tariffs are really actually tax cuts. This administration thinks so little of the American people that they think that somehow we won't know the difference between whether our personal wealth is growing or shrinking. So let's be clear. A tariff is a tax on the American people--plain and simple. Trump's tariffs equate to the biggest tax hike on Americans in decades, because the way tariffs work is this: American companies will have to pay more to import goods, and in turn, the American people will have to pay more to buy those products. Donald Trump knows this.…





