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Mr. DOGGETT. Madam Speaker, today, I am voting to approve legislation to cover massive costs incurred by the self-described ``King of Debt'' for wasteful tax expenditures that we, Democrats, strongly opposed.
While his other claim to be ``a stable genius'' never had an ounce of credibility, Trump has indeed earned the undisputed title, ``King of Debt.''
Republicans have a ``dine and dash'' strategy--run up a tab for a massive feast for the wealthiest one percent, and then dodge the bill to cover it. It is surely a new low.
More than $2 trillion for a massive tax scam. Multinational corporations in America today, thanks to their shenanigans, now pay an effective tax rate of less than 8 percent, with 55 corporations paying absolutely nothing on $40 billion in combined profits. That is the equity that they added to our Tax Code as working families around this country paid their fair share.
Even more public debt was incurred as we rightly responded to help Americans recover from Trump's pandemic incompetence. After ignoring COVID and sound medical advice from his own scientific advisors, then refusing the most basic public health measures, his failed mismanagement has been devastating to our country, both in lives and in dollars--hundreds of thousands of American lives. They are marked out on the Mall today with white flags all around the Washington Monument, and they have taken a toll on one American family after another.
Last year, it was bleach; this year, it is horse dewormer. You could not make this stuff up.
While there is no limit to the duplicity of those that are politically enraptured by the Trump personality cult--those with so little commitment to American democracy that they refuse to recognize the result of the last national election and continue promoting the big lie, there is a statutory limit that this Congress faces for our national debt.
Today, it must be raised in recognition of all the damage that Trump and his delusional cohorts have wreaked on our country. Putting ``America First'' or ``Making It Great'' surely includes not driving it off a cliff into a self-inflicted, politically-motivated financial disaster.
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