Political Quotes

“Mr. Chairman, I reserve the balance of my time. Mr. McGOVERN. Mr. Speaker, I ask unanimous consent to include in the Record an article from the Economic Policy Institute titled: ``The House Republicans' plan to cut Medicaid to pay for tax cuts for the rich would slash incomes for the bottom 40 percent.'' The SPEAKER pro tempore. Is there objection to the request of the gentleman from Massachusetts? There was no objection. [From the Economic Policy Institute, February 19, 2025] The House Republicans' Plan To Cut Medicaid To Pay for Tax Cuts for the Rich Would Slash Incomes for the Bottom 40 Percent (By Josh Bivens) The clearest legislative priority of the Trump administration and the Republican-led Congress is to keep taxes low for the richest households and corporations. Last week, House Republicans submitted a budget resolution that calls for $800 billion in cuts to Medicaid--the program that provides health insurance for low-income Americans--to help pay for extending the 2017 Tax Cuts and Jobs Act (TCJA), which primarily benefits the highest earners. President Trump endorsed the House plan earlier this morning, despite vowing yesterday to not cut Medicaid. Besides being unfair, the cost of this overall tax cut would be large enough to put huge stress on other parts of the economy, no matter how it is paid for. But the costliest way to pay for this would be to enact large cuts in spending programs like Medicaid that provide benefits to economically vulnerable families.…”