Rich Neal: “This is the party, on the Republican side, that tried to privatize Social Security during those years, and all they want…”

“This is the party, on the Republican side, that tried to privatize Social Security during those years, and all they want to do is shoehorn these legislative proposals into tax cuts for wealthy people. Their argument today, despite these record deficits, is, with revenue at 14.7 percent of GDP--headed toward the Eisenhower years-- when the town has argued for years about revenue being between 19 and 21 percent, they're going to cut Medicare to give tax cuts for wealthy people.”