Bill Nelson: “I am here to discuss the tax bill, what we have done before, and what we have now in front of us. That is not what the…”

“I am here to discuss the tax bill, what we have done before, and what we have now in front of us. That is not what the American people want. It is what large corporations want--large, multinational corporations that get their corporate tax rate cut from 35 to 20 percent. It is what the well-to-do want. That is what is before us. Now, let me explain. Anyone who says that this bill is all for the middle class is not giving the full story. What they are not telling you is that the tax cuts for the middle class expire in 7 or 8 years. That is not what is being told. Folks are not telling you that this bill will put small businesses at a competitive disadvantage, making it easier for large, multinational corporations to crush local small businesses. I say this as a Senator from Florida, since small business is the economic backbone of our State, not the large multinational corporations. What people are not telling you is that this bill will cause healthcare premiums to go up by 10 percent and will force 13 million people to lose their health insurance, and that is according to an independent analysis by CBO, the Congressional Budget Office. Folks are not telling you that this bill will send thousands of jobs--American jobs--overseas.…”