On the recordOctober 18, 2017
I thank my colleague from Vermont for his leadership on this amendment and his words today. I will have more to say about the amendment in a moment. Mr. President, as Senator Sanders mentioned, his amendment that we are working together on, amendment No. 1119, will do the following, and it is right in the text of the purpose section of the amendment, to provide additional resources to restore the $1 trillion in cuts to Medicaid paid for by reducing the Republican tax breaks for the wealthy. That is the quick summary of what we are working on. I think it is also important to put this amendment in the context of discussions we are having in the Senate and, I am sure, throughout the country; that is, the tax proposal put forth by the administration as well as the Republican leadership, the so-called unified tax proposal. This is a Republican proposal that comes before the country. I think it is essential to read both the tax proposal along with the budget we are debating on the floor together. There are a lot of ways to describe what the tax proposal is all about. I will describe it very bluntly, in my own words. This tax proposal is, for sure, a giveaway to the wealthy. The superrich do quite well. Big corporations do very well. The middle class does not do well at all at the end of the day. Why do I say that? Because there have been a number of analyses done of the proposal.…





