Political Quotes

“Senator, I came to the floor--or to the Chair, I came to the floor to listen to the good-faith arguments of colleagues about the Trump tax cut. I heard them say they would pay for themselves. This was a mantra I heard over and over again: It will pay for itself. It will pay for itself. But independent folks, like on the Federal Reserve Board and the Joint Committee on Taxation, found that their corporate tax cuts did not pay for themselves, but they drove our government into a multitrillion-dollar and more deficit. The benefits within this idea of trickle-down economics--said by the same groups I just mentioned--were that 90 percent of workers didn't see a dime. Overwhelmingly, it expanded corporate wealth and the wealth of the top 1 percent significantly and didn't inure to the benefit of the postal worker, the cop, the firefighter, the plumber, the teacher. It is stunning to me that I sat here and listened to folks. But my challenge to you because you have been sort of a pragmatic, moderate guy for a long time, and we are seeing this coming around the corner-- the estimates are now that their new tax plan that they are talking about could cause a deficit and expand, again, by now over $4 trillion. You have been around here longer than I have.…”