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Ted Cruz: “If Congress does not act by December 31st, there's an…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Ted Cruz Discusses Reconciliation Bill, AI Legislation, and Federal Intervention in Los Angeles

Published | Video Starts at 05:47

I would have been certainly supportive of that. But we're going to get this bill accomplished. And the reason is I think the stakes of failure are too high. If Congress does not act by December 31st, there's an automatic $4 trillion tax increase that will hurt every working family in America, that will hurt every small business in America. And that's an outcome that the Democrats are quite happy with. But. But there's not a single Republican in the House or Senate who wants that to happen. (05:47–06:00)

CLAIM

Asserts that inaction by Congress will result in a $4 trillion tax increase.

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