the comment I have, when we look at what the Senator from Alabama is talking about, he is basically saying that the tax cuts that were passed, first of all, were a good idea for most Americans and that he wants to make it as difficult as possible to change that. So when we look at what happened this last year, if you have more than $1 million that you earned in some way--unearned income or earned income--more than $1 million, you received $118,477 from the President's tax cuts last year. So what this amendment would do is say basically that they like this ratio. The less you made last year, the less you got. In fact, less than $100,000 in income, a family making less than $100,000 got $692. If you were willing to run that out even further, you had a lot of folks who maybe got $30, $40, $50 from this tax cut. So this locks in this kind of a tax cut. We don't think this is fair. This budget resolution changes the way we look at tax cuts going forward and basically says we want tax cuts going to middle-class Americans. We want tax cuts going to the majority of Americans who are working hard every day, worried about their kids, who want to be able to send them to college, want to be able to have health care for them, and want a job, a good-paying job in America. These are the folks we are focusing on in this budget. There is no question about it. This budget resolution is a new direction. It is a new day. It is a new set of values and priorities.
Editor's note · Context
Discussing tax cuts and their impact on middle-class Americans during budget resolution debate.
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