I have noted that the Democrats have laid out a plan that provides tax cuts for all Americans. But my good friend from Tennessee just noted he wants the version that has no increase on anyone. What he didn't explain--but I will--is that the difference between the two is additional bonus tax cuts for the richest Americans. Those are the tax cuts that are $100,000 per person. Those are the tax cuts that will create a $700 billion addition to the national debt over the next 10 years.
Jeff Merkley: “I have noted that the Democrats have laid out a plan that provides tax cuts for all Americans. But my good friend from…”
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Merkley discusses tax cuts and their impact on the national debt.
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