Political Quotes

“Madam President, over 60 times during their campaign and since taking office, President Biden and Vice President Harris have pledged not to raise one single penny in taxes--not one single penny-- on anyone making less than $400,000 a year. Today, my Democratic colleagues are using this budget to try to pull a fast one on the American taxpayers by giving lip service to this pledge while proposing tax hikes that will largely be borne by middle- and working-class Americans. For example, it is well-understood that a significant portion of corporate tax hikes are borne by American workers in the form of fewer job opportunities and reduced wage growth. Now, while my colleagues included a nominal mention of the tax pledge in the underlying budget, importantly, the budget's reserve fund for the upcoming $3\1/2\ trillion reckless tax-and-spend bill is not conditioned on that pledge. So this amendment will prevent Congress from breaking the Biden-Harris tax promise to pay for reconciliation. As President Biden said: Not one penny. It's a guarantee. I urge my colleagues to support this amendment. The PRESIDING OFFICER. The Senator from Oregon.”