Political Quotes

“I would like to respond briefly to the majority leader, who touted what he claimed would be great benefits coming from the Republican tax reform bill. Colleagues--and I say to the public that is following this--this isn't tax reform at all. What this is, is a grab bag full of special interest goodies for multinational corporations, powerful political supporters, and lots of people who are in the position to have vast amounts of influence to sway the Tax Code their way. The fact is that the independent tax umpire, which is called the Joint Committee on Taxation, has just told us that 37 million middle- class families are going to pay more in taxes in 2027. Those are the consequences of the Republican bill that writes into black letter law a double standard--permanent breaks for the multinational corporations and, of course, temporary breaks for the working class. I believe we will have more to say today on analyses that are being done by the Joint Committee on Taxation, but already we have seen a variety of reports indicating that this proposal is going to produce negligible growth and big deficits. That is why Republicans are talking about how they would like to have some kind of trigger to deal with this proposal. Well, what has been in the bill is the Republicans' wildest dream, which says a lot about their priorities.…”