I believe I heard my good colleague and friend from Wisconsin, a member of the Budget Committee--and I have worked with him on some issues and amendments--say this is only a tax increase on millionaires, but I read the resolution. It says, raise taxes, but it does not say raise it on millionaires. Would the Senator not agree with me on a budget resolution the Finance Committee can raise revenues, but they cannot be directed how to do it?
Discussing the implications of a budget resolution and tax increases during a debate.
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