On the recordApril 4, 2025
Mr. President, I appreciated the words of my colleague from Maryland because I was standing there thinking that a budget is actually a choice. It is a value choice. It is an economic voice of where you want to spend the taxpayers' hard-earned money. What this budget does, as he points out, is $6 trillion in the next 10 years that would be added to the debt because of tax cuts for the wealthiest people. I have no problem making sure we don't increase taxes for people making under $400,000 a year. That is a good idea. But this is a way- different animal than that. It actually takes the parts of the Trump tax cuts for the wealthy, makes sure they stay in place, and then adds even more so that two-thirds of the benefits from this is going to the wealthiest and the big corporations. The thing he raised that I loved was, What could you do with that money? Well, you could reduce the debt. That would be a good thing. You could put part of it so that we make sure we do that. You could put the funding into actually taking on, some say, tax incentives for housing, which we so dearly need, to work with the private sector to build more housing. You could put it into incentives for childcare. You could shore up Social Security. You could do all kinds of great things that the people actually thought they were voting for, even a large number of them who voted for Donald Trump. But that is not what this budget is.…





