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‘America’s Worst Budget Ever’: Latimer Calls GOP Bill A ‘Tax Scam’ Benefiting ‘Wealthiest’ Americans
Forbes Breaking News
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5/20/2025
During remarks on the House floor on Monday, Rep. George Latimer (D-NY) slammed the GOP budget bill.
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00:00
The gentleman is recognized for one minute.
00:02
Thank you, Mr. Speaker.
00:04
America's worst budget ever.
00:08
That's what we're voting on this week.
00:10
It's essentially a tax scam that will benefit the wealthiest of Americans.
00:15
196,000 people in my district will have their health care taken away,
00:21
including 73,000 children and 27,000 seniors.
00:26
Continuing a cap on the state and local tax and salt deduction instead of full restoration.
00:33
This means New Yorkers will keep paying more in federal taxes.
00:37
All for tax breaks and giveaways to those who don't need it.
00:41
74,000 people in my district will lose their SNAP benefits.
00:46
It makes it difficult or impossible to put food on the table.
00:50
These are the deepest cuts to food assistance ever.
00:54
The result? More hungry children.
00:57
Last week, our country's bond rating was dropped one grade down from AAA.
01:02
We need to change the direction of our country's economic future,
01:06
but this bill doesn't do that.
01:08
No matter what you hear on the floor this week,
01:11
it will add $5 trillion to the national debt.
01:14
Spin it any way you want.
01:16
Everyday Americans will suffer from this.
01:18
The gentleman's time has expired.
01:19
Thank you, Mr. Speaker, and I yield back my time.
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