On the recordApril 4, 2025
Mr. President, before she leaves the floor, let me thank Senator Klobuchar for her outstanding remarks. She and Senator Van Hollen have really made the case that we want a tax bill that gives everybody in America the chance to get ahead, not just the people at the top, and I want to commend her for it. Mr. President, around the country this morning, Americans turned on the news, and they saw panic. Americans are wincing this morning as they look at their retirement accounts. Their savings are down. The cost of their morning coffee and eggs are up. The markets are looking bloody, and people are afraid for their jobs and their own personal finances. Not so for the ultrawealthy. They may not like what they are seeing, but they don't have anything to worry about because they have got an ace in the hole: their Republican allies here in the Senate. While Donald Trump torches what used to be the world's strongest economy, Republicans scramble to pass a bailout for billionaires and big corporations. While typical families panic, the billionaires can go shopping for luxuries--for real estate, for yachts--safe in the knowledge that Senate Republicans have their backs. That is what this debate is all about. Donald Trump is taking the United States back to economic policy that predates the light bulb. He is slapping random taxes on imports from all over the world--tariffs that are effectively huge tax increases on products American families and businesses use every day. Donald J.…





