Political Quotes

“I thank the ranking member of the Transportation and Infrastructure Committee for making a very clear case on how we might better spend our money. I yield to the gentleman from the great State of California (Mr. McNerney), my colleague and neighbor. {time} 1745 Mr. McNERNEY. Mr. Speaker, I thank my neighbor and friend, Mr. Garamendi, for holding this Special Order tonight and allowing us to talk about what this tax bill means. Mr. Speaker, today is a sad day in America, as the House passed an unholy tax scam of a tax bill. This bill was rushed through Congress with no hearings, no Democratic votes, and no Democratic amendments. This Republican tax scam is being deceptively sold as a benefit for the middle class, but the real winners will be the big corporations and those on the cover of Forbes 400 richest Americans. The Republican tax scam will increase the national debt by almost $2 trillion, burdening our children or giving a Christmas bonus to the wealthiest Americans. The Republican tax scam permanently lowers the corporate tax rate while the child tax credit increase expires in 2025. In other words, big corporations get a permanent tax cut while the middle class receives a temporary tax cut. This tax scam places a cap on State and local taxes for individuals, targeting punishment for Democratic States. This is a new low for our democracy. The Republican tax scam also repeals the Affordable Care Act's individual mandate.…”