Bob Menendez: “this tax bill is truly astounding. Only in Washington--only in Washington--could Republicans borrow $1 trillion from…”

“this tax bill is truly astounding. Only in Washington--only in Washington--could Republicans borrow $1 trillion from China to fund massive tax cuts for big corporations and still need to raise taxes on millions of Americans in order to pay for it. Look, I understand my Republican friends are in a pickle. They need to give President Trump a win. The problem is that this White House is asking them to pass a tax plan built on the most unpopular policies in America, and I think my colleagues know it. They know that after all the American people have been through--the financial crisis, the great recession, decades of wage stagnation, soaring education, housing and healthcare costs--after all of this hardship, cutting taxes for corporations, taking healthcare away from 13 million people, and raising taxes on the middle class aren't exactly a recipe for winning the hearts of voters, let alone a strategy for building a more dynamic, inclusive, and prosperous economy for all Americans. So, yes, Republicans are in a tough spot. They know that if we had a sensible campaign finance system, policies this disastrous would spell disaster for them in 2018. That is why they designed a tax bill that has nothing to do with simplifying our Tax Code and nothing to do with growing the wages of American workers. I appreciate my friend from Alaska talking about growth. I am all for growth.…”