But today, the Republican majority wants to extend trillions of dollars of tax cuts for President Trump's billionaire friends and extend those tax cuts permanently. That's not just terrible, terrible policy. It's against the Senate rules. The Congressional Budget act says clearly that reconciliation bills cannot increase the debt beyond 10 years. Now, it doesn't take a Nobel Prize winning economist to know that a permanent trillion dollar tax cut would do exactly that. (04:02–04:15)
CLAIM
Asserts that reconciliation bills cannot increase debt beyond 10 years according to the Congressional Budget Act.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.