I just want to say a word about what happened before we went into recess, the fact that we voted on a bill that provided hundreds of billions of dollars of tax relief, but not to the people who needed it the most. In fact, we now see that about one-tenth of 1 percent of the very wealthiest Americans receive approximately as much tax benefit as the 90 percent of Americans with incomes of $95,000 or less. But the most outrageous thing about this tax cut was something we did not know. It took the newspapers, and I saw it in The New York Times a week later, that revealed that we actually eliminated the child tax credit for families with incomes below $26,000, the working poor, the families who needed tax cuts the most. I mean, I cannot believe that this Congress did that to working-class families and did not even give us the opportunity to debate it. I hope that there is a groundswell of public opposition to what we do and we can reverse this. The Democratic Party is determined to do so.
Editor's note · Context
Addressing the impact of a tax relief bill on working-class families.
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