"But those top-line economic indicators don't capture the whole story."
"Too many people want, but cannot find, full-time, stable, good-paying jobs."
"The economic prosperity we are supposedly enjoying right now is leaving too many hardworking people behind."
"Withholding is very important, because it avoids the problem of getting to April 15th with a huge tax bill for which many lower and middle-income Americans, would be a very severe hardship to pay."
"So far this year--and it is still early days, as the tax refunding is just now kicking into gear--it does appear that the refunds are meaningfully smaller, somewhere between 5, and as much as 10 perce..."
"And to be clear, the Treasury Department has the authority to determine how withholding is calculated."
"President Trump and my Republican colleagues spent about $2.3 trillion on deficit finance tax cut as their marquee accomplishment under the tax cut bill."
"That was money that we didn't have. So it was a windfall for folks who were already wealthy, and it did little for the rest of the country."
"We are on track to have a $1 trillion budget deficit, if not this fiscal year, certainly next fiscal year."
"It has no net benefit to the economy, but we ended up with this much larger budget deficit and higher debt load."
"We can't find enough workers. Seven million unfilled jobs."
"GDP has grown at over 3 percent, lowest unemployment in 50 years."