I am joining my colleagues on the Senate floor today for the same reasons--and I so appreciate my friend and colleague from the great State of Nevada because she is absolutely right, and my colleagues as well--drawing attention to what really is happening here in Washington that has an impact on our individuals and families back home. Quite often, I see so many decisions being made here in this bubble in Washington without any true regard or understanding of the impact on Main Street, where we all live and we come from. And what we are talking about today is what incoming President Donald Trump had passed previously when he was President, which is this massive tax giveaway to billionaires. What the American people don't know, which we know and we are talking about--and that is why we are here--is that tax cut for billionaires is about to expire, and many of my colleagues, Republican colleagues, want to extend the entire bill at the expense of middle-class families across the country. Now, the nonpartisan Congressional Budget Office says that reauthorizing the Trump tax bill as-is would add $4.6 trillion to our national debt. That would raise interest rates and make it more expensive for families to buy a home, to send their kids to college, or to start a business.…
On the recordJanuary 15, 2025
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