We could make the tax system a whole lot fairer as part of what we are doing here.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
So there is one option that we are talking about, $1 trillion just to roll back the Trump tax cuts for the wealthiest Americans.
Tax the profits that giant multinational corporations hide overseas right now, helping level the playing field for domestic businesses.
MAGA Republicans claim it is about spending too much on childcare and air traffic controllers, but there are two sides to any balance sheet.
First, repealing the Trump tax cuts for the wealthy and for giant corporations.
So serious conversations about reducing the national debt should start with rebalancing our tax system, not start with how to hurt families.
Year after year, the Republican playbook has been simple--more help for their rich buddies and more economic pain for everyone else.
The childcare sector is already short about 60,000 employees, compared just to pre-pandemic
These MAGA House Republicans are threatening to cut the little bit of funding that we do have going into childcare.
If defense is off the board, veterans are off the board, Social Security is off the board, Medicare is off the board, as some Republicans now claim, then the other programs... you have got to cut the other programs by about 78 percent.
The House Republicans have decided to use the debt ceiling to hold our Government and our economy hostage.
Some of my colleagues have threatened the Nation's full faith and credit by holding the debt ceiling hostage for partisan politics.
We need a Fed that will fight for families, and if you are not going to lead that charge we need someone at the Fed who will.
And putting 2 million people out of work is just part of the cost, and they just have to bear it?
I look forward to hearing today how the Fed will balance its dual mandate, and continue to promote an economy where everyone who wants a good job can find one.
Well, but it is, and it is in your report, and that would be about 2 million people who would lose their jobs, people who are working right now making their mortgages.
So the Fed has raised interest rates eight times over the last year in what has been the most extreme rate hike cycle in 40 years.
For the first time in decades, workers are finally starting to get a little power in this economy.
You are gambling with people's lives, and there is a pile of data showing the price gouging and supply chain kinks and the war in Ukraine are driving up prices.
It is the Wall Street business model. Chair Powell knows that. I know that. My Republican colleagues and Democratic colleagues know that.





