On the recordJune 15, 2022
Mr. President, at 5:15 this afternoon, we will be voting on a budget resolution written by my colleague Senator Rand Paul from Kentucky. As chairman of the Budget Committee, I urge a very strong ``no'' vote. At a time of a massive incline in wealth inequality, at a time when two people in our country own more wealth than the bottom 42 percent of our population, at a time when the top 1 percent owns more wealth than the bottom 92 percent, at a time when we are looking at more income and wealth inequality than at any time in American history, this budget resolution offered by Senator Paul would move us in exactly the wrong direction and make a bad situation worse. Senator Paul's resolution would make the very wealthiest people in this country even wealthier, while at the same time, it would make tens of millions of middle-class Americans--people in the middle class, people in the working class, lower income Americans--even poorer. We remain, sadly, the only major country on Earth not to guarantee healthcare to all people as a human right. We pay the highest prices by far in the world for prescription drugs. Half of our people are living paycheck to paycheck, and millions are working at 8, 9, 10 bucks an hour because we still have a disastrous, starvation minimum wage of $7.25 an hour. Many millions of Americans today, as housing prices soar, are spending half or more of their limited incomes on housing. Forty-five million people in our country are struggling with student debt.…
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