Jimmy Panetta: “this Republican partisan tax bill will be the largest self-inflicted wound on America's working families in our Nation's…”

“this Republican partisan tax bill will be the largest self-inflicted wound on America's working families in our Nation's history, with the largest cut in healthcare and food assistance to pay for the largest tax cuts for billionaires. I get that this bill is about fulfilling the President's promises, but like the President, we can't rely on it for working families, as the bottom 10 percent would lose basic services so that the top 10 percent can increase their wealth. What is worse is that, in order to pay for this bill, they are relying on not just the cuts but fabricated economic growth numbers, ignoring costs of the TCJA, and hoping that there are revenues from tariffs. Yet, even with all of that, they stick it to our children by adding trillions to our Federal debt. Look, not only are our creditors and allies losing faith in our Nation, but Americans watching this tonight are losing faith in Congress. If we work together, we could help working families, bring down prices, and bring down our national debt. Ultimately, we could have restored faith in this institution. Instead, Mr. Speaker, I am voting ``no'' on this partisan bill because it gives in to the President's politics, breaks promises to working families, and gives up on our promise to the future of our children.”