Our national debt is a crisis that we cannot afford to leave to our children, and the problem is driven in large part by the fact that too many Americans aren’t paying their fair share. Right now, some of the wealthiest Americans can defer taxes on enormous gains indefinitely, while middle-class Delawareans see taxes taken out of every single paycheck. This legislation requires the very wealthiest Americans to pay taxes on their gains and slashes our deficit while leaving tax rates the same for nearly every American.
Chris Coons: “Our national debt is a crisis that we cannot afford to leave to our children, and the problem is driven in large part by…”
On the recordSeptember 1, 2026
Source
coons.senate.govEditor's note · Context
Discussing the Billionaires Income Tax Act and national debt.
Share
More from Chris Coons
Aug 4, 2026
Investing in cutting-edge technology like carbon capture is key to growing our economy and protecting our nation and planet from climate change.
Aug 18, 2026
The next generation of scientists will contain the next generation of disease outbreaks and cure the next generation of illnesses, but first those scientists must be properly prepared for their careers,
Jul 25, 2026
China’s illegal fishing fleet is destroying our oceans and making it harder for our allies to fish right off their own coasts.
Sep 1, 2026
As interest costs put growing pressure on our budget, we need to reduce our deficits and protect the investments that keep our economy strong.





