On the recordOctober 26, 2017
Mr. Speaker, while House Democrats are focused on delivering better jobs, better wages, and a better future for the American people, House Republicans have once again presented a budget that is reckless, regressive, and reprehensible. It is a ``billionaire-first, middle class-last tax plan.'' It will not help the middle class. The House Republican budget and tax proposal will hurt the middle class by raising taxes on working families and middle-income Americans. The House Republican budget and tax plan is nothing more than a wolf in sheep's clothing. It will benefit the wealthiest and the well-off here in this country. Eighty percent of the tax cuts proposed in the Ryan-McConnell plan will go to the wealthiest 1 percent in America, to millionaires and billionaires, to the privileged few, to special interest corporations. It will not lead to economic growth. It will saddle this country with trillions of dollars in additional debt and deficit. It is based on a phony, fraudulent, and failed theory of trickle-down economics, which I finally figured out what it relates to in terms of the middle class. You may get a trickle, but you are guaranteed to stay down. Stay down because they are going to undermine your Medicare, stay down because they are going to undermine Social Security, and stay down because they are going to saddle your children with trillions of dollars of additional debt. Mr. Speaker, reject this plan. It is a bad deal for the American people.…





