[Congressional Record Volume 164, Number 159 (Wednesday, September 26, 2018)]
[House]
[Page H8896]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REAL BIPARTISAN TAX REFORM
(Mr. KILDEE asked and was given permission to address the House for 1
minute.)
Mr. KILDEE. Mr. Speaker, this week, House Republicans are rushing
through yet another tax bill that gives the superwealthy and the well-
connected a big tax break at the expense of working families in my
district.
The first Republican tax bill already cost $2 trillion, exploding our
national deficit and setting up huge cuts for Medicare, Medicaid, and
Social Security.
The overwhelming number of Americans do not support these massive
handouts to the wealthiest Americans and biggest corporations. They
have already funneled these corporations almost $1 trillion in stock
buybacks to shareholders--money that is not going to workers.
This week, House Republicans are just doubling down on this deeply
unpopular and dangerous tax scam. This latest bill has Republicans
scheming to make tax breaks for billionaires permanent, handing tens of
billions of dollars to the wealthiest 1 percent. This latest bill will
add to our national deficit.
Mr. Speaker, Democrats support real bipartisan tax reform that would
give relief to working American families.
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