Political Quotes

On the recordApril 3, 2025
Mr. President, yesterday, Donald Trump made one of the dumbest decisions he has ever made as President, and that is saying something. The tariffs Donald Trump approved yesterday are far, far worse than we thought. It is the largest tax hike on families since World War II. Yesterday was not ``Liberation Day''; it was tax day. ``Middle class, pay more taxes,'' Donald Trump is telling you. That is what the day is all about. This morning, naturally, the markets are plunging. The Dow is down 800 points, and the S&P is already on track for its worst day in years. Donald Trump has singlehandedly created a financial forest fire. Trump called yesterday ``Liberation Day.'' Nobody was feeling even close to liberated--quite the opposite. American families are learning the hard way that Donald Trump has them right in the middle of a pincer and is squeezing them on both sides. On the one side, Donald Trump is pushing tariffs that will cost working families an extra $5,000 a year, and by his own admission, he ``could not care less.'' On the other side, Donald Trump is working with Republicans to gut vital programs working families rely on, like Medicaid, Social Security, veterans programs. So there is a pincer: Trump's tariffs raise costs and pick people's pockets on one side, and Trump's budget and his budget cuts are taking away healthcare and benefits and veterans' care on the other side. Now, there are smart ways to use tariffs, and there are dumb ways to use tariffs.…
Said by
Chuck Schumer
Democratic · New York

Share & report

More from Chuck Schumer

May 26, 2026

Big news for Binghamton’s growing battery belt! $45 million was just unlocked for the Binghamton University-led New Energy New York project to continue to expand groundbreaking battery manufacturing and innovation in Upstate New York.

schumer.senate.gov
May 26, 2026

At a time when Americans are struggling to put food on the table, Republicans say, ‘let them eat cake’ and demand American taxpayers build Trump a palace while they’re at it.

schumer.senate.gov
Feb 17, 2026

ICE is rogue, out of control.

abcnews.com
May 26, 2026

No president should ever take this country to war alone. Republicans know Trump’s handling of this war has been a disaster.

schumer.senate.gov

Other voices in this conversation