On the recordSeptember 14, 2022
Mr. President, I am really delighted that my colleague from Florida is suddenly concerned about transfers of wealth--I really am--because, as he may or may not know, over the last 30 years, there has been a massive transfer of wealth. The problem is, it has gone in the wrong direction. We are talking about the shrinking of the middle class. We are talking about trillions of dollars going to the top 1 percent. And we are ending up in a situation today where you have billionaires and you have large corporations that don't pay a nickel in Federal taxes. I always find it interesting that whenever Congress does something-- ever so rarely--that benefits working people and low-income people, there is an uproar: Oh my God, you are helping young people and working people; you are helping poor people. What a terrible thing to do. But there is massive silence when you give gigantic tax breaks to the 1 percent or large corporations that are now doing phenomenally well. So my colleague from Florida is interested in the transfer of wealth? Let's work together. Let's make sure that the working class in this country--not just the billionaires--get a fair shake. Let's help young people. Let's start canceling the student debt that we should have done years ago. The PRESIDING OFFICER. The Senator from Florida.
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