On the recordJune 7, 2018
I thank the gentlewoman. I have a lot of respect for my colleagues on the other side of the aisle. I do wonder sometimes if we are living in the same country, because when I look at a package like this, I look at the general philosophy over the course of the last year and a half, with the tax cuts that will at the end of the day cost our country $2.3 trillion-- that money we are borrowing. And we are going to borrow a lot of that money from China, Mr. Speaker. And they are going to get interest on that money, and China is reinvesting back into their country. They are building islands in the South China Sea. They are building bases in Africa. They are making investments in wind, solar, battery-powered cars, AI, additive manufacturing. They are moving and shaking around the globe. And we gave a $2.3 trillion tax cut, which we saw just last month $200 billion of it went for stock buybacks. Apple got it, put $100 billion back into stock buybacks. Who is investing in this country now? That is the main issue that we are talking about--yes, battery-powered cars; yes, Economic Development Administration; yes, rural issues that the gentleman from Georgia just talked about. College costs are going up. We need more STEM people graduating from our colleges. We are not a healthy country. And in this bill we are going to take kids off of their healthcare, disinvestment in economic development. And our country is getting left behind the global economy.…
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