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Mr. MERKLEY. Mr. President, I thank my colleague from Massachusetts for laying out how families lose and billionaires win on this not so beautiful bill that Trump has put forward.
It is really a big beautiful betrayal, betrayal because Trump campaigned for helping families. But as we have seen with the details in the end, this is about helping billionaires. The bottom 20 percent, the less affluent, they get tax benefits of about $90 a year.
Somebody who earns a million dollars gets $90,000 a year of tax benefit--$90,000 for an already, well-off, rich individual, and $90 for ordinary families struggling to get on its feet.
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