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senator from Oregon.
Mr. Wyden: We're going to have
several of our colleagues on our
side take five minutes each and
we're going to start with
senator Sanders.
Mr. Sanders: Mr. President, as I
think about what's going on here
today, I think this is in many
ways a historic day, a day that
historians will look back on
December 1, 2007.
And they will conclude that
today is a day of one of the
great robberies act of criminal
activities if you like in the
modern history of this country
because the federal treasury is
being looted tonight.
As we speak, there are lobbyists
all over capitol hill writing
down in handwriting amendments
to this bill to give hundreds of
millions if not billions of tax
breaks, billions of dollars in
tax breaks to large
corporations.
As we speak they're probably
still writing those amendments.
Meanwhile, the senate-led --
this republican-led senate has
been unable to reauthorize the
chip program, the health
insurance program for low-income
children.
Didn't have enough time to do
that.
We have been unable to
reauthorize the community health
center program providing 27
million people with health
insurance.
We don't have the time to do
that.
But tonight we are presumably
going to pass legislation when
at a time of massive income and
wealth inequality, 62% of the
tax benefits go to the top 1%.
And ten years from now, ten
years from now, millions and
millions of middle-class
Americans will be paying more in
taxes.
Mr. President, I have not the
slightest doubt as I have said
before, that after the
Republicans pass this huge tax
giveaway to the wealthy and
large corporations, they will be
back on the floor of the senate.
And when they come back, they'll
say oh, my goodness, the deficit
is too high.
We have got to cut social
security, medicare, medicaid,
education, and nutritional
programs.
In other words, in order to give
tax breaks to billionaires and
to large profitable corporation,
they're going to cut programs
for the elderly, the children,
the working families of this
country, and the poor.
This legislation will go down in
history as one of the worst,
most unfair pieces of
legislation ever passed.
But I say to my Republican
colleagues as you saw on
November 7, the American people
are catching on.
They are demanding a government
which does not simply work for
corporate lobbyists but works
for the middle class.
They are demanding a tax system
which says to the wealthy and
large corporations, you are
going to start paying your fair
share of taxes and that no,
we're not going to cut social
security.
We're going to expand social
security.
We're not going to cut medicare.
We are going to move to a
medicare for all health care
system.
The American people are catching
on.
And while the Republicans may
get away with this act of
looting tonight, history is not
on their side.
The day will come and it will
come sooner than later when we
are going to have a government
here that represents all of us,
not just the Koch brothers, not
just the billionaire class, not
just wealthy campaign
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