Protecting Family and Small Business Tax Cuts Act of 2018

Floor Speech

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Ms. SANCHEZ. Mr. Speaker, I stand here today saddened, but, quite frankly, not shocked, at the irresponsibility of my colleagues on the other side of the aisle. I guess their giveaway to the ultrawealthy wasn't enough last time around, so they have come back for round two: a fake tax reform 2.0.

When the bill for this new gimmick eventually comes due, I am terrified Republicans will pay for it by gutting Social Security and Medicare, two earned benefit programs on which my constituents rely.

I have heard a lot of rhetoric about how today's bill will help the middle class, but the only thing that today's legislation guarantees is adding at least $3 trillion more to the deficit over just a period of 10 years.

And who picks up the tab? Middle-class Americans, that is who. They are working families who are being priced out of home ownership, saving for retirement, or trying to put their kids through school.

I urge my colleagues to vote down this terrible bill and let common sense reign.

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