DeLauro Statement on the Republican Tax Scam Bill
WASHINGTON, DC (December 15, 2017) — Congresswomen Rosa DeLauro (CT-03) released the following statement in response to the release of the conference report for Republican tax scam bill, which will cut taxes for millionaires, billionaires, and corporations while raising taxes on middle class families.
“The Republican tax scam bill has now emerged from behind closed doors, and the majority has managed to make a bad bill worse. Republicans are rigging the tax code for the wealthiest Americans at the expense of the middle class. Corporations will receive hundreds of billions of dollars in tax cuts, and their continued outsourcing of good-paying American jobs will continue to be encouraged by this tax scam bill. On top of that, millionaires and billionaires will get billions in tax cuts from a reduction in the top tax rate, from 39.6 percent to 37 percent.”
“Meanwhile, the tax scam bill will repeal a crucial portion of the Affordable Care Act, which will cause an estimated 13 million individuals to lose their health insurance and drive up health premiums. At the same time, other changes in the tax cut bill that affect families do not go nearly far enough. The Child Tax Credit will leave behind the most vulnerable families—rural families, military families, minimum-wage earners, and those with the youngest children. In fact, a Member of Congress with two kids will get a larger benefit from the Child Tax Credit than some military families with two kids. That is completely outrageous.”
“If this bill passes, Speaker Ryan will use the ballooning deficit from this tax scam bill to justify drastic cuts in social safety net programs like Medicare, Medicaid, Social Security, the Low Income Home Energy Assistance Program (LIHEAP), Temporary Assistance for Needy Families (TANF), education programs, and the Supplemental Nutrition Assistance Program (SNAP)—formerly known as food stamps. This goes against fundamental American values and represents a level of cruelty I have not seen during my time in Congress. The majority should immediately reverse course and focus on real tax reform that puts the middle class and our most vulnerable citizens first, not last.”