On the recordNovember 28, 2017
Mr. Speaker, the subject of my Special Order, as we have seen, is the very dangerous tax bill that this House passed and that the Senate is now considering. In fact, of course, the Senate bill is worse than the House bill, if one can imagine that. On November 16, the Republican majority in this House passed a bill to raise taxes on 36 million middle class households and place our country another $1.7 trillion in debt. Now, you will hear $1.5 trillion and you will hear $1.7 trillion. What is the difference? The difference is about $200 billion that we will pay in interest to others to effect this tax cut. So not only is it going to be the $1.5 trillion immediately impacted by the tax cut itself, it will be the $200 billion additional that we will have to pay to borrow the money to give the tax cut and, as I am going to point out, give that tax cut essentially, for the most part, to the wealthiest enterprises in America. 227 Republicans voted to do that to their constituents. Every single Democratic representative who was present, joined by 13 Republicans, did what, in my opinion, many of their colleagues wanted to do, but for political reasons, not policy reasons, chose not to do. They did so, Mr. Speaker, following impassioned remarks by Majority Leader McCarthy and by Speaker Ryan. Both addressed this House and the American people and claimed to be pushing these tax bills in order to help the working people of our country, a worthy objective, an important objective.…





