On the recordDecember 1, 2017
this amendment would allow people making primarily between $20,000, $50,000, $60,000 a year--workers, firefighters, police officers--to keep more of their own payroll tax liabilities. In a moment, there will be a point of order, and the objection to this has been budgetary. This is paid for. Instead of cutting the corporate rate to 20 percent, it cuts it to 20.94 percent. Instead of a 15-point cut, we are asking for a 14.06 cut. Apparently, American corporations at 20 percent, America will be a corporate utopia, but at 20.94, it is a catastrophe. That is ridiculous. Voting against this today you are basically arguing that a 0.94 cut is something corporations can't afford, and that is more important to keep in place than giving American families an $800 child tax credit. That is ridiculous. Apparently, American companies are allowed to immediately invest their investment in equipment and in land, but American parents should not be allowed to immediately invest their hard-earned money in our children and in our future. I ask all of you to fight for the American worker. This isn't perfect, but it is better than what we have now, and I ask everyone for your vote. The PRESIDING OFFICER. The Senator from Oregon.
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