On the recordAugust 12, 2022
I thank the distinguished chairman for yielding. Mr. Speaker, I rise enthusiastically to support the rule and the underlying bill. As I do so, let me ask my colleagues on the other side of the aisle to join me in asking President Trump to lower the rhetoric so we don't have people dying every day because of his provocative words. Let me say, this bill is a miracle of success. It is a miracle because we, the Democrats, are giving back $300 billion to reduce the inflation that was created by the Trump tax cut that has been killing us for the last couple of years. I am excited about the idea that those who are not paying their fair tax, the top 1 percent--$160 billion they do not pay--yet we will raise no taxes on those making $400,000 or less. We will make corporations and ultrawealthy persons pay their fair share through the IRS working to help working people. No new taxes on families. That is crucial. Now, on the underlying bill, I would have wanted to offer an amendment dealing with the carried interest, which would have gotten us $14 billion. I wanted to make sure that we had the $35 limit on insulin and, as well, help for Medicaid recipients. This is a great bill. I support the rule and the underlying bill. Mr. Speaker, I would like to commend you and Chairman McGovern for the Rule enabling the Inflation Reduction Act of 2022, H.R. 5376, to be considered and voted on the floor today.…
