Jeanne Shaheen: “I am really here on this floor to oppose the reconciliation bill that we are considering today. It would be the largest…”

“I am really here on this floor to oppose the reconciliation bill that we are considering today. It would be the largest transfer of wealth from the poor to the rich in a single bill in our history. This legislation would take away healthcare for millions of Americans; it would cut food aid for millions more; it would raise household energy and healthcare bills; and it would add trillions to the debt, all to give the top, not just 1 percent but the top 0.1 percent of people who make more than $2.5 million a year an extra $250,000 a year. At a moment when Americans are struggling with the high cost of living, this bill will take money out of the pockets of working people, the average household making less than $50,000. That is 30 percent of Americans. So 30 percent of Americans will lose about $700 a year from this bill. Here are some of the ways that it hurts middle-class Americans, the people whom I am very proud to represent in New Hampshire: Somehow, the Senate took the bad bill--or what I thought was a bad bill--from the House, and they have made it much, much worse.”