Political Quotes

On the recordDecember 4, 2017
The American public has caught on to our Republican colleagues' tax scam. They know this bill takes from the struggling middle class and bountifully rewards the billionaire class and transnational corporations that ship our jobs overseas. In fact, the only permanent tax giveaways in their bill are for rich corporations and those lovely Wall Street banks that care so much for the American people. The Joint Committee on Taxation estimates a $1 trillion addition to our national debt as a result of this bill. The Congressional Budget Office estimates that 80 percent of Americans, those making less than $100,000 a year, will see a tax increase under their plan. But you know what? They will wait until after next year's election to lock it in. There is very little in this bill good for average Americans. Our Republican colleagues are actually pushing America into deeper financial servitude to foreign investors from places like China and Saudi Arabia who are going to buy the Treasury debt securities, and our taxpayers will end up having to pay them principal plus billions and billions and billions in interest. How does that servitude sound like making America great again, putting us in hock in greater and greater amounts to foreign interests? ____________________
Said by
Marcy Kaptur
Democratic · Ohio

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