Concurrent Resolution on the Budget for Fiscal Year 2025

Floor Speech

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Ms. CHU. Mr. Chair, I rise in opposition to the Republican rip-off.

Budgets tell priorities, and as inflation goes up and Americans continue struggling to pay their rent, purchase groceries, and afford going to the doctor, Republicans stand united to sell out the working class by ripping away healthcare coverage and food from children to pay for tax cuts for the rich.

This is the unbelievable but real cruelty of their budget. Make devastating cuts to Medicaid for 135,000 mostly seniors and children in my district alone, slash SNAP benefits for thousands of hungry children and families, and end ACA premium tax cuts that currently save families over $6,000 annually, and for what? To give $5 trillion in handouts to those who need it the least, the ultrarich and big corporations.

Let's be clear: My Republican colleagues will declare that this resolution is necessary to extending the 2017 Trump tax scam to purportedly help the middle class. This is a lie. The majority of the tax cuts that they aim to extend will only benefit the rich, and the middle class will lose so many of the benefits they rely on.

In their 2017 Trump tax scam, Republicans slashed the corporate tax rate and watched 100 percent of those benefits flow to shareholders, billionaires, and high-paid executives. What did workers get? A big fat zero.

Even still, President Trump wants to cut the corporate tax rate by even more. What is more, Republicans' apparent concern for fiscal responsibility is nowhere to be found. Their budget will actually balloon our national debt in a reverse Robin Hood scheme that betrays the working Americans we all represent.

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Ms. CHU. Mr. Chair, my constituents deserve better. All of our constituents deserve better.

I, once again, voice my opposition to the Republican rip-off that would do nothing to address the needs of the everyday American people.

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