On the recordJanuary 15, 2025
let's talk about Trump's betrayal of middle-class America. In 2017, many of us warned that Trump's tax giveaway was a disaster for working families. It was a giveaway to billionaires. It was a giveaway to powerful corporations. It stole from America's Treasury, increasing the debt of this country to gild the richest Americans. They wanted platinum treatment. They wanted more money than anybody else has ever imagined, and they got it from Trump by draining the American Treasury. Well, that failed America's working families. There is nothing about giving several hundred thousand dollars to the richest Americans--that is each one of them--that helped a single working American. These policies are coming to an end in 2025. But now, Trump 2 is coming along, and he says: I campaigned on working Americans, but I want to raid the programs for them and raid the Treasury to enrich them again. I didn't give them enough the first time around. The rich are not rich enough. I campaigned for working families, but I am going to betray them with tax cuts, tax giveaways, a tax raid on programs and the Treasury for the richest Americans. That is the Trump betrayal that we are facing right now. CBO says extending the Trump tax cuts would blow a $4.6 trillion hole in the Federal budget over the next 10 years. As my colleague just pointed out, Republicans are saying they might decrease the size of that hole by raiding healthcare for Americans.…





