LATEST SENATOR KING
WASHINGTON, D.C. – U.S. Senator Angus King (I-Maine), a member of the U.S. Senate Budget Committee, today spoke on the Senate floor about the budget resolution and tax cut framework currently before the Senate. During his remarks, Senator King highlighted the impact the budget resolution and tax framework will have on working people, seniors, and future generations of Americans.
“If we pass unfunded tax cuts, they aren’t really tax cuts, they are simply a deferral of the tax from us to our kids,” Senator King. “We don’t have to pay the tax, but the money to be spent is going to be spent. So the hole gets deeper, we borrow that money, and our kids and our grandchildren are going to have to pay that back with interest.
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