WASHINGTON, D.C. – Congresswoman Pramila Jayapal released the following statement in response to House Republicans passing the tax scam bill:
“Republicans just moved forward with their scam on the American people that takes from working families to give trillions of dollars to the rich. The GOP tax scam will line the pockets of large corporations and the wealthy, while middle-class households will see their taxes go up. It is unconscionable.
“Instead of closing corporate loopholes, Republicans are slashing the state and local tax (SALT) deduction, the student loan interest deduction, medical expense deductions – everything on which working families rely for tax relief. These deductions allow millions of families to make ends meet. And, though Republicans claim to care about exploding our deficit, this tax scam would do exactly that. The nonpartisan Congressional Budget Office (CBO) found that the bill would trigger $136 billion in automatic spending cuts in 2018 alone – this includes a $25 billion hit to Medicare.
“The American people see the Republican party has turned its back on the middle-class. Students, seniors, veterans, everyone except for the top 1 percent will suffer under the GOP tax scam. Just as we protected the Affordable Care Act and health care for millions, we cannot allow Republicans to rig the economy to favor the wealthy.”