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command center? is way more than that. >> comcast is partnering with 1000 community centers to create wi-fi enabled lift zones so students can get the tools they need to be ready for anything. >> comcast supports c-span is a public service along with these other television providers giving you a front row seat to democracy. >> okay. thank you for coming and i'm so glad that my colleagues, senator wyden and senator warner, ranking member and senior member of the finance committee i guess, right? are you senior? i try to get on that committee announced for years. no luck. >> and you had to sit next to me. >> you're right. you got on had of me.

but we we're all happy. all right. and so as you know in the last three weeks, the first we focus on medicare, medicaid rather. second week on rising cost for families and lost jobs in america. and this third week watauga taxes but they're all related. we all know what they're doing. they're giving tax cuts to the billionaires and hurting whether it's on medicaid, , on snap, soe other issues, including taxes on themselves hurting the average person, the american family as you can see. so and for weeks sent republicans promised they would take their dangerous unpopular house bill and six it's worse privations. senators went home and told their constituents don't worry, this will change, that will change. they said they were listening to their constituents. they lied.

they lied. many of them claim they would drawl red lines and cuts to medicaid for clean energy or food assistance. but now we know the truth. senate republicans, but now that we seen the senate republicans big, beautiful betrayal, we know what's in it. they didn't fix the house or improve the house bill. they made it far, far worse. the senate republican bill is, simply put, vicar cuts, bigger betrayal. -- bigger cuts. here are five ways there are many but i thought i would point outsize subleases told me that the senate bills even worse, or extreme, or destructive, more cruel than the house version. one, the medicaid cuts are deeper with more pain, more people losing their health care. now it's over $1 trillion. the house bill built originally was 880 billion at its peak.

16 million americans may be more will lose healthcare. tens of millions more will have their insurance premiums health insurance premiums go way up. so it's going to hurt a large chunk of america can't just about all of working-class america and including middle-class america. the republicans in senate love to talk about protecting medicaid or call budget and called it a red line. but with this bill is not a red line. their plan gets healthcare even more than house bill. democrats are happy to work with republicans. but this isn't that. this is repeal and replace another name. the senate bill squeezes hospitals even harder in the house bill. it crashes health centers and decimates wirral hospitals. the healthcare sector alone would lose close to 1 million jobs. when you add that to clean

energy job loss, you are pointing at a recession. second, the clean energy bill kills jobs and raises costs. senate republicans spent weeks promising everybody including other governors including the companies and unions and others who are working all of this new clean energy manufacturing that they would change the house bill. instead, the senate clean energy proposal is a head fake. they try to make it seem like they're making it better but they don't. particularly in the core areas of wind and solar. the senate clean energy bill cuts are every bit as destructive as the house proposal. it phases out credits for wind and solar within six months

these phase outs or a death sentence to clean energy. they're going to send electric bills soaring, kill good-paying jobs, an estimate 850,000 e in the clean energy industry will lose their jobs. and in spite of all of the road from trump and republicans we are going to surrender u.s. energy independence to china. china will dominate particularly into fastest cheapest way to bring new electric to the grid which is solar. china is going to dominate and half american consumers by the neck. the cuts will choke america's energy output right as we need to expand our capacity. ai is going to commit future amounts of electricity. it's going to cost the consumer more as bicycle. why the hell would you cut off the quickest cheapest way to bring in new power? and some of those who say on the republican side, where for all of the above. we don't like democrats being

against also feels. fossil fuels gets lots of tax breaks, they always have. now they are eliminating them. three, gun violence. now can you believe this? that horrible house provision on gun silencers saying you no longer had to go through background check to use gun silencer, and the only people who use silencers are bad people. cops don't like silencers. the average citizens don't like silencers. only somebody who's going to shoot and doesn't want it known that they are shooting. but they made it worse. i am the author of the brady law. under author of the assault weapons ban. i know the history, and one of the bottom line 30 but in the past even republicans is that shotguns and rifles should have background checks. guess what. they took them away in the senate bill. years of history and compromise,

years of saying everyone knew that these guns were too dangerous, they took it off. now if they get their way, silencers, as in the house bill, and shotguns and rifles added in the senate, will not need a background check that anyone come in criminal can get it. we are contesting this and other provisions in the byrd bath. hopeful we can win here we will see what happens but we are contesting it in every way we can because senate republicans are choosing the gun lobby of the flies for kids. i don't know what happened. i can surmise that a bunch of the right-wingers said we didn't get all the cuts we wanted so they said we will give you this. who knows? forth, attacking our courts. speaking of fighting against a radical plan by the senate republicans, look at what they're doing to the courts. you might be confused or use this is a tax bill. why are republicans or to push

something on the courts? do the math. trump is losing in court over 95% of the time. some of us have been plaintiffs in the suits. many a times, other times we work of the groups, just help them. we are winning in the courts. and you know all too frequently guess who is siding with us? judges trump appointed in his first term. the house bill would have prevented courts from enforcing injunctions if plaintiffs didn't put up massive security bonds. the senate not to be outdone makes it worse, preventing courts from even issuing injunctions against a federal government in the first place. if plaintiffs don't put up a massive, unaffordable to so many security bond. so they're trying to make the justice system pay to play. pay to play for our sacred,

respected, until now, relatively following the law. not always. particularly with the state supreme court. but they're changing it. if you don't have money, you don't get justice. that's never been the american way. they are doing senate republicans are doing trump the bidding and they're trying to protect him by stopping courts from issuing injunctions. this is our democracy. we are going after it. not going down without a fight. this and the other provisions. gun provision and many others we are challenged with the parliamentarian because we don't think it meets the actual criteria. and finally on taxes where my two colleagues, members of the finance committee what elaborate. but given all these devastating cuts, you have to assume the republicans would say okay, we will lower the national debt. no, quite the opposite. cbo yesterday said the house

passed bill would increase the debt by 3.4 trillion, surging interest rates and every american. that means when you buy home, you buy a car, you use credit card, you're going to pay more. because of the tax cuts to billionaires. now, it's not even considering the senate bill. that was 3.4. it's even more generous than the house and locks these tax -- here they are. the very top 10% -- [inaudible] look at the others. $2500. $2500. that's a lot of money for anybody. but if you are poor it is devastating. under the so-called underclass provisions, the wealthiest .1% didn't average tax break of $400,000. what does it mean to your family?

your benefits -- fewer benefits, higher costs. we are to do everything we can in, with the court of the cooking and then the vote-a-rama process to show hypocrisy of what republicans are doing and to elaborate on that hypocrisy, we have ron wyden. >> thank you, leader schumer. good to be with you and senator warren. let me start this way. it is hard to grasp how anybody could look at the horrible house bill, the one they passed a few weeks ago, and think to themselves, that's not enough class warfare. that's apparently what senate republicans think. it is hard to believe that anybody could spend almost $3 trillion on a bill full of tax cuts, and similar increase

the poverty rate in america. senate republicans found a way to do that, too. it is hard to imagine how 53 senators could ignore all the warning about their agenda kicking off a catastrophic death spiral and higher interest rates which will devastate the middle class. they tuned those warnings out, too. the more the american people learn about this bill, the worse they are going to feel about it. that's because there's nothing but bad news in it for them, and less are a corporate executive or somebody who is already fabulously well-off. i get the sense that people who spend their time walking around

these senate corridors may be lost sight of the big picture. this is not a normal debate we're having for the two sides have different approaches, and you talk about the challenges of dealing with a big topic. this goes way beyond 2017, when you read merely handouts for the people at the top overshadowing the crumbs that were designed to be there for working people. this will be the most regressive law in modern times, by far. this is trillions in handouts for corporations and the rich, paid for by kicking 16 million americans off their healthcare, taking food out of the mouth of millions of hungry kids, and sabotaging clean energy in

america, the legislation that came from the finance committee that we all worked on sabotaged. republicans don't have any answer for the single working mom who is terrified of losing her medicaid coverage or being unable to feed their kids. they have no answers for the solar manufacturers who are about to be put out of business in america, or the thousands of workers whose jobs are about to eliminate. last week the treasury secretary mr. besson came before the finance committee for hearing. we asked him about the carnage that i have just described, the damage that this is going to click on the american people. we asked him about the new analysis that says that this legislation will cause 51,000 extra excess deaths per year per wikipedia? he just laughed off the senate

democratic members were asked about this, refuse to engage in a serious way with these questions. the fact is the senate bill will drive the vulnerable in the misery and drag down the middle class all for the benefit of those at the very top and the most powerful. by definition, this is class warfare. caviar over kids, mar-a-lago over the middle class, and we are going to be in this fight, to fight to block this until the last. senator warren. >> thank you, leader schumer. thank you, ranking member wyden. >> soon-to-be chair again. >> your mouth to god ears. the republican bill is a twofer. it cut access to health care for

millions of americans, for babies, for people with disabilities, for seniors living in nursing homes, and is a giant giveaway to billionaires. republicans get it both. they are able to be cruel to the people who need just a little help to get their healthcare come to be able to buy groceries for the end of the month, and they managed to make rich people even richer. this bill is another effort for the republicans to just hand over our nation to billionaires. i want to call out three particularly filthy provisions that are just tucked down in this bill that illustrate how give it away to the rich guys and take it away from everyone else. the first one is is a giant giveaway to the oil industry talked right into the middle of this bill.

there's minimal corporate alternative tax that says once profits which $1 billion you have to be at least 50% of the amount over that. is that the that's true that if this bill goes through for corporation in america, except the oil industry. they are going to get a special get out of paying your taxes free under the senate version of the bill. why? because they don't want to pay taxes and the event after making contributions to the republican party. second one, matter, medic, we all have met has been short of the come right? there's a provision tucked in her that says that meta alone that one company can get $15 billion, that's with a bill, $15 billion in order to incentivize adamic to do research in 2022.

2023, and 2024. some of some of you may be doing the math and wondering if they've invented a time machine to go back and add to the research. their answer is no. instead of deadly what the republicans have planned is one of those big checks, a single check that under this bill would be written to meta for $15 billion, simply for existing. and the third one, this bill wants to zero out the consumer financial protection bureau. and that may be the biggest giveaway of all. now we all remember that little agency. that's the one that in about a dozen years managed to uncover more than $20 billion in fraud and cheating, and got that money returned directly to consumers. where did that money come from? it came from giant corporations want the opportunity