Senators Bernie Sanders, Maria Cantwell, Ted Cruz, and Tim Scott faced off for a 90-minute debate on CNN tonight, discussing President Donald Trump’s plan for tax reform. You can watch the full video below. Even before the debate began, supporters from both sides began placing their “bets” on who they thought would walk away the winner. The last time Cruz and Sanders faced off was on October 18. Before that, they debated Obamacare in February. Many people are enjoying these debates and hoping CNN will host more of them. You can watch the full November 28 debate on the YouTube video below.
With attempts to repeal and replace Obamacare stalled, Republicans are now focusing on passing President Donald Trump’s tax reform plan. Tonight, Senators Ted Cruz and Bernie Sanders will debate the best path forward on this critical issue, including the Republicans’ desire to repeal the Obamacare individual mandate as part of remaking the tax code. The two are ideologically opposed, making this a debate that will likely generate a lot of conversations in the days to come. Sanders, Cantwell, Cruz, and Scott will also field questions from voters around the country at the Town Hall Debate. They last faced up on October 18 when they had their first tax debate. Before that, Sanders and Cruz debated in February when they addressed Obamacare.
While Republicans believe the tax reforms are going to help the middle class, Democrats believe the Republicans’ plan helps those at the top far more than those in the middle or at the bottom economically. A Senate Finance Committee tax plan is heading for a floor vote soon, and the Tax Policy Center has said that under this plan, half of taxpayers would be paying more by 2027, including 3/5 of households just above and below the median income and 2/3 of middle class households, according to CNN. However, upper class will also be affected, the Tax Policy Center predicted, with 54 percent facing higher taxes. But the top 1 percent would get tax cuts. Republicans, however, dispute these predictions. Fox News has said that the media is twisting the studies to claim it hurts the middle class. Their reports say that the increase in taxes is only due to the expiration of cuts at the end of 2025, not taking into account cuts to middle class taxes that would be implemented under a new plan or a likely extension of the former cuts. Fox says the the richest and the poorest would get the lowest tax cuts (5 percent) and those making $20,000 to $1 million would see cuts of 7.7 to 9.7 percent. If the plan did end up cutting taxes, Democrats have worried that might pull away votes.
The Town Hall Debate will also be available to watch tomorrow, November 29, on demand via cable/satellite systems, CNNgo platforms and CNN mobile apps. All require a cable or satellite subscription and login.