On the recordNovember 18, 2021
My friend and colleague from Massachusetts was talking about taxes. I will stand here and talk about taxes all day because, at the end of the night, the American people will see that the second-biggest provision in this bill is actually a tax break to millionaires and billionaires. Facts are facts. If you look at it, the Committee for Responsible Federal Budgets found that the SALT tax carve-out would ``be nearly 50 times as large as the benefit of the expanded child tax credits for a typical family over 5 years.'' SALT gives tax breaks to millionaires and billionaires in blue States. Who pays for that? Working families all over the United States. Madam Speaker, I reserve the balance of my time. Mr. McGOVERN. Madam Speaker, I yield 1 minute to the gentleman from Louisiana (Mr. Carter).
