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Gwen Moore: “This bill is a thousand pages of a big bonanza for…”

Featuring: Gwen Moore, Democratic | U.S. House, Wisconsin, District 4

Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza

Published May 21, 2025 | Video Starts at 00:12

I want to talk about the tax provisions of the so called One Big Beautiful Bill Act. I really can't argue with the President over the fact that This bill is a thousand pages of a big bonanza for billionaires. I know that we have been accused of characterizing this as a bonanza for billionaires and the numbers will bear that out. (00:12–00:16)

CLAIM

Asserts that the bill is primarily beneficial to billionaires.

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.

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Gwen Moore

“We're going to cut $230 billion out of SNAP.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 02:33-02:38
“We're going to kick 13.7 million people off their health insurance.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 02:38-02:45
“We're going to trigger a half trillion dollar in cuts from Medicare.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 02:45-02:52
“Today the JCT scored this bill at $3.8 trillion.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 04:16-04:23
“After we strip away all the gimmicks, it's gonna be not including the interest on the debt, it's gonna be at least $5 trillion.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 05:33-05:44
“They claim that this bill will generate $2.6 trillion of revenue from economic growth.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 06:31-06:39
“People who make over $1 million per year on average get a tax cut of $81,500 under this bill.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 07:39-07:46
“People will make under $50,000 per year on average, get a tax cut of $265.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 07:47-07:56
“A person who makes over a million dollars per year on average gets 310 times what a person making under $50,000 gets.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 07:57-08:07
“According to JCT numbers, after the temporary tax cuts for people making under $30,000 a year on an aggregate, they're gonna... be paying $5…”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 10:14-10:31
“We're gonna kick 2 million children off the child tax credit.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 11:16-11:21
“Did we cut poverty in half when we expanded the child tax credit to include the most, the poorest, the 17 million kids that this bill…”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 11:58-12:12
“We offer 33 amendments, 33, to keep the wealthiest from getting the benefit, most of the benefit from this tax cut.”
Congresswoman Gwen Moore Full Remarks in Rules Committee Opposing Republican's Billionaire Bonanza | Uploaded May 21, 2025 | 09:02-09:15