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During a Senate Democrats press briefing on Thursday, Sen. Jeff Merkley (D-OR) spoke about the Republicans' budget reconciliation.

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Transcript
00:00If Republicans are able to succeed at using current policy baseline in this bill for reconciliation,
00:07what kind of a precedent would that set and what might future majorities be able to do?
00:10Look, first I'm going to call on Jeff, our expert on this, but first let me say this.
00:14The American people are not interested in the arcane aspects of reconciliation policy.
00:19They want to know how it affects them.
00:22What they're doing is a $37 trillion increase in the deficit.
00:28And why is it done? So they can cut taxes on billionaires.
00:34So that's the bottom line here, what it's doing.
00:37And not just what it's doing to America today,
00:40what it's doing to our children and our grandchildren in terms of this enormous, enormous debt
00:46that is going to be on their shoulders.
00:48And we all know sooner or later you pay the price for debt,
00:52and it will happen sooner than people think with the enormity of what they're doing.
00:58Sure. Absolutely.
01:00I want to emphasize again that one of the pillars in 1974,
01:05so now over half a century, has been collectively we need to have integrity
01:11in the estimate of what any tax provision or policy provision would inflict in terms of cost or revenue.
01:18And thus we will depend on CBO.
01:21That's extremely important.
01:24Well, you know, we'll just create phony numbers to create a phony estimate
01:28and say all of these tax provisions that will increase and create $37 trillion of debt
01:33already existed far into the future, but they don't exist far in the future.
01:36That's why it's a fraud. That's why it's phony.
01:40That's why it's a deliberate deception to pretend to the American people
01:43they're not adding massively to the debt.
01:45So they thought, well, maybe we'll just put a clause into the budget resolution
01:50that says we'll use this fraudulent system,
01:53and then it became so clear that it was so out of sync with our precedents
01:58that they even withdrew it.
02:00Now, essentially, this conversation about integrity goes forward not on the budget resolution,
02:06but on the reconciliation bill.
02:09So we'd be well prepared to say it was fraud on the budget resolution.
02:13It's also fraud on the reconciliation bill.
02:18Can I just add a bit of context here?
02:21You know, what I'm hearing from people in Connecticut is not reconciliation.
02:26It's not CBO. It's prices of gasoline and groceries.
02:32It's what will happen to my children's education.
02:36So I think that Senator Schumer and Senator Wyden make exactly the right point.
02:42I'm going to reach American people at their pocketbooks, in their everyday lives,
02:48not with the kind of inside-the-Beltway stuff that most people are focusing on here.
02:54Thanks, everybody.

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