On the recordDecember 12, 2017
The gentleman is correct. They have already voted to cut $1.5 trillion to give a tax cut to the wealthiest people in this country, to the biggest corporations; and in order to pay for that, they intend to gut Medicare and Medicaid and a whole range of other very important investments we make, that our country makes, in supporting and strengthening the middle class. It shouldn't be a surprise to anyone when, next year, as the gentleman said, the deficit hawks return in the warm weather to say: Oh, my goodness, there is no money. We are going to have to end the guarantee of Medicare. We are going to have to cut Social Security. We are going to have to eliminate or cut Pell grants. We are going to reduce all of these investments which matter so much to working families in this country. They are intent on doing that. They have tried to do it for the last several years, but not to the magnitude of success that they expect when they drain the coffers by giving away the money, which is exactly their strategy. And it is why we have to fight hard against this tax scam because it is not just a tax giveaway to people who don't need it. It is what it will do to the economy. I think there was a New York Times analysis of 38 economists. Not one, not any economist I have ever heard of yet, has said that this tax cut will pay for itself. We keep hearing our Republican colleagues: Oh, this is going to pay for itself. The economy is going to grow, and jobs are going to. It is a pipe dream.…





