$200,000. $200,000. $200,000. $200,000. Is that middle class? Is that the middle-class tax cut we are talking about? No, that is the Republican tax plan we are talking about. To help families who make $200,000 because they are middle class and they need a tax cut. Well, I can tell you, you can buy a lot of hamburger helper and generic cereal if you make $200,000 a year. But we are going to pay for it. We are going to pay for some of it by going after the kids on school lunch programs. We are going to pay for some of it by going after students who get college loans. We are going to pay for most of it by sticking it on our children and our grandchildren because we are going to let the deficit grow, and this tax cut is going to explode to nearly $700 billion over the next 10 years so people in this House can go to the American people and say yeah, we do not like taxes. I do not like takes taxes either. I hate taxes. But even worse than tax and spend politicians are borrow and spend politicians, because at least people who pay their bills now can look you in the eye and say I am not going to stick it to your son and daughter. The Republicans will.
Editor's note · Context
Debating the implications of the Republican tax plan on middle-class families and future generations.
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