WASHINGTON – Today on the floor, U.S. Senator John Cornyn (R-TX) refuted Democrats’ false claims about efforts to extend the individual tax provisions in the Tax Cuts and Jobs Act and highlighted the fact that failing to do so would mean a tax increase for more than 60% of Americans. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here.

“Our Democratic colleagues, some of them have been claiming that extending these tax cut provisions… will benefit the very rich at the expense of the rest of us.”

“It’s almost as if there is a concerted or orchestrated effort to use disinformation and propaganda to try to prejudice the American people against what it is we need to do in order to avoid this huge tax increase on the vast majority of Americans.”

“The 40-year high inflation that we have experienced in the last few years has a disproportionate effect on low-income families.”

“To add insult to injury, what did our Democratic colleagues do when they were in the majority, in response to this massive inflation, which was the direct result of their policies? Well, they poured gasoline on the fire of inflation by using reconciliation to pass something called the Inflation Reduction Act.”

“Given the inflationary and regressive policies that the Democrats promoted during the last four years, it’s ironic, and maybe even you would say laughable, to hear them accuse Republicans of being disconnected from everyday Americans.”

“The reason why Republicans won the majority in both houses and President Trump was reelected is because he connected with the concerns of everyday Americans, and particularly their concerns about the overspending and inflation. Not to mention the border.”

“If Congress fails to extend the Trump Tax Cuts that expire at the end of this year, the average family of four making $75,000 a year will face a $1,500 tax increase next year. Working families will see the child tax credit cut in half.”

“The American people simply cannot afford a tax increase on top of 40-year-high inflation.”