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Just dropped · Trial Balloon · Ep. 194

What Just Happened?

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Trial Balloon · Ep. 194: What Just Happened?

Biden’s Senate Votes Could Prove Troublesome

March 6, 2019 · 2:35 pm ET · Leave a Comment

HuffPost: “He voted for a landmark Reagan tax bill that slashed the top income tax rate from 70 percent to 50 percent and exempted many wealthy families from the estate tax on unearned inheritances, a measure that cost the federal government an estimated $83 billion in annual revenue. He then called for a spending freeze on Social Security in order to reduce the deficits that tax law helped to create… The 1996 welfare reform vote divided the party ― 23 Senate Democrats voted against it and 23 voted for it, including Biden.”

“Biden also spent roughly a decade pursuing an overhaul of American bankruptcy law to discourage debt-strapped households from discharging their financial obligations in court.”

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Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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