Our Nation is 5 trillion 700 billion dollars in debt. What the gentleman from California will not tell us is that the people who benefit the most from this tax break are the same people who own this debt and the same people who are on the receiving end of $1 billion a day from the taxpayers in interest payments. They benefit the most. What he will not tell us is that the people who benefit the most do not really care if we do not pay back the trillion dollars to Social Security, because they are not counting on that check. They do not need it. But the folks I represent do. They paid into that fund. We owe them a trillion bucks. I say we pay them back. What the gentleman from California will not tell us is that the folks who owe 228 billion to the Medicare Trust fund do not care if we do not pay it back, because they can afford private insurance. My folks cannot. They paid into this fund. I say let us pay it back. What the gentleman from California will not tell you is the folks who benefit the most on this tax bill do not care if we do not repay $165 million to military retirees because that is not what they are counting on to live. But the folks I represent did earn that money. I say let us pay them back.
Editor's note · Context
Addressing the national debt and the impact of tax breaks on different socioeconomic groups.
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