On the recordApril 3, 2025
Mr. President, well, we are back here again with another variation of the Trump plan and the Republican plan to do further damage to our economy and to the working men and women of this country. It has been sliced and diced and repackaged and unpackaged, but it still boils down to a very simple equation: big tax cuts for the very, very wealthy and cuts to Medicaid and other key programs that are essential to Americans. This resolution is going to cost a lot of money--about $5.8 trillion with a ``t.'' Yesterday, President Trump unveiled his tariff policies and today, the markets reacted. They lost $2.5 trillion of value. He is just taking a sledgehammer to our economy and a sledgehammer to the working families who depend upon these programs like Medicaid and a sledgehammer to our universities and medical schools and research laboratories, which have made us the premier center for research innovation and healthcare in the world. And with these sledgehammer blows, I don't think we can maintain that status. These proposals by the President and my Republican colleagues are designed to take away the healthcare coverage from millions of Americans--seniors, kids, veterans, individuals with disabilities--and they particularly seem to focus on Medicaid. Medicaid provides essential healthcare services for the most vulnerable populations in the country. It covers nearly 80 million people, if you combine those covered by the Children's Health Insurance Plan, CHIP.…





