On the recordDecember 1, 2017
Thank you, Mr. President. It is impossible to fix all the problems with this bill in a 1-minute amendment, but my amendment fixes two problems. It makes the middle- class tax cuts permanent, and it takes nearly $1 trillion away from the massive deficit caused by this big giveaway. How does the amendment do these two things? First, it leaves the AMT where it is under current law instead of scaling it back. Second, while making middle-income tax cuts permanent, it provides no individual tax relief to those Americans currently in the top bracket. Third, it cuts the corporate tax rate from 35 to 25, rather than 20. If you care about deficit reduction, support this amendment. If you care about permanent middle-class tax cuts, support this amendment. If you believe a reasonable corporate tax cut could help grow the economy, support the amendment. Finally, if you believe tax reform should be bipartisan, support this amendment. Thank you, Mr. President. The PRESIDING OFFICER. The Senator from Pennsylvania.





