Political Quotes

On the recordFebruary 14, 2024
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, Mr. Pascrell made a really important point, and that is that this problem arose and impacted middle-class Americans. That happened because Republicans and the Trump tax cuts didn't really much care about middle-class Americans. They didn't much care about working- class Americans. In fact, as we know, the Trump tax cuts mostly benefited the wealthy. The Trump tax cuts highlight the priorities that we see in this Chamber between Republicans and Democrats because they imposed the SALT deduction cap for a reason. They wanted to make sure that they could pass these tax cuts that, as you can see, benefited the richest Americans so much more than they did middle-class Americans. The magnitude is astounding. Their goal of what they tried to do and what they did do back then worked. The top 0.1 percent had an average tax cut of $193,000. What kind of cut did middle-income Americans receive? A paltry $930. If you earned $3 million or more a year, you got to keep an extra $193,000. People who earned $1 billion got to keep even more. Do those millionaires and billionaires really need that help? Do you know who really needed that help? The middle class, which got $930, that is barely $77 a month. These were their priorities. These remain their priorities, except for the fact that there are some election problems happening over there in New York, and they acknowledged it.…

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