On the recordOctober 4, 2017
Mr. President, I did not get a chance to hear the distinguished Democratic leader's remarks, for Chairman Hatch and I were in the Senate Finance Committee. We managed to pass, by an overwhelming bipartisan vote, the Children's Health Insurance Program-- a vital program for 9 million kids. So that is a bit of good news in that this important piece of legislation is advancing. I do know that the Democratic leader touched on a number of very important issues, particularly some of these comments that have been made by top advisers to the President with respect to taxes. I am struck by the fact that Mr. Gary Cohn, the President's top economic adviser, said last week that middle-class folks were going to get $1,000 in tax relief--set aside the fact that that does not look to be true for a number of middle-class folks who have kids. I am also struck by the comment that followed. Mr. Cohn said that not only are middle-class families going to get $1,000 worth of tax relief but that they would be able to go buy cars or remodel their kitchens. You just think to yourself, with that kind of tax cut, that you would be buying a very small car or remodeling a very small kitchen. The fact is, that is not, in my view, a comment that reflects a real understanding of what middle-class folks in America are going through. I don't see very many of them buying cars for $1,000 or remodeling their kitchens for $1,000.…
Source
govinfo.gov




