Tim Ryan: “I think the main point that we all need to understand is we are going to borrow $550 billion, not to invest in…”

“I think the main point that we all need to understand is we are going to borrow $550 billion, not to invest in education, not to invest in health care but a giveaway to the top 1 percent. Four out of five people in my congressional district will see no benefit from the capital gains. Four out of five people in my district will not see any benefit from the dividend tax. If you make $40,000 a year in Akron, Ohio or in Youngstown, Ohio, you get 100 bucks. Meanwhile, tuition is up 12 percent. Health care is up 12 percent. This is voodoo economics. It is bait and switch. It is an economic joke and it reminds me of the old country song that the gentleman cited a few minutes ago: You get the elevator; we get the shaft.”