Political Quotes

“Mr. President, over the next 45 minutes or so, finance Democrats will come to the floor, and we will be discussing the second anniversary of the Trump tax bill. As the ranking Democrat, I am going to begin it. I know my colleagues will be joining me. The Trump tax law is now 2 years old, and for millions of middle- class Americans, it is not a very happy anniversary. My own view is that the economic legacy of the Trump administration will be that they spent $1.5 trillion to widen the economic gap in America. If I were to sum up what the law--the Trump tax law--was all about, it was about making wealthy people wealthier and the middle class being an afterthought. I am going to walk through some of the reasons I reached that judgment, and then my colleagues will be getting into some of these issues as well. Donald Trump and Republicans in the Congress promised--promised--they would write a bill that was focused on helping workers and the middle class. The President told me personally that he thought he and people like him should not get a tax break. He said that to me personally, but that simply wasn't the case. We were told that the Trump tax legislation would pay for itself. That was wrong by a couple of trillion dollars. We were told that it would kick off a towering wave of job-creating investments in so many hard-hit American communities. That has not been the case. We were told that workers would get, on average, a $4,000 raise. That was wrong once more.…”