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Blog Post
November 9, 2017
This morning, White House Economic Adviser Gary Cohn confirmed the obvious about the GOP tax scam bill: ‘The most excited group out there are big CEOs, about our tax plan.’
It’s no wonder CEOs are more ‘excited’ than everyone else. The GOP tax scam hands massive tax breaks to corporations shipping jobs overseas, while raising taxes on 38 million middle class households.
Press Release
November 8, 2017
Washington, D.C – Democratic Leader Nancy Pelosi released the following statement after Republicans on the Ways and Means Committee moved to prevent consideration of Democrats’ amendment, offered by Congressman Brian Higgins, to cut off the corporate rate reduction if workers do not see an increase in their wages:
Press Release
November 8, 2017
Washington, D.C. – House Democratic Leader Nancy Pelosi joined Senate Democratic Leader Chuck Schumer, Ranking Member on the House Ways and Means Committee Congressman Richard Neal and Ranking Member on the Senate Finance Committee Senator Ron Wyden to unveil a plan that would cut off the corporate rate reduction if companies fail to invest these tax savings directly into jobs and wages. Below are the Leader’s remarks:
Blog Post
November 8, 2017
SHOT:
“Even though there's a lot of false information out there, everybody gets a tax cut.” – Speaker Ryan this AM
Blog Post
November 8, 2017
Yesterday, President Trump claimed he'll ‘get killed' and be a ‘big loser' under the Ryan-McConnell tax bill.
Truth? The only ‘big losers' in the GOP tax scam are vulnerable and hard-working middle class families (including Trump voters) who will pay more in taxes just so Republicans can hand massive tax cuts to the richest few.
The Baltimore Sun: GOP sides with the 'super wealthy' over the sick
Press Release
Pelosi Remarks at Press Conference on Elimination of Student Loan Interest Deduction in GOP Tax Scam
November 7, 2017
Good afternoon, everyone! Thank you for being here. I’m honored to be here with my colleague, Representative Eric Swalwell, who is the head of our Future Forum, which goes around the country listening to the concerns of millennials. He heads up a 30-somethings group – some start in the late 20’s and 30’s – he’s bringing us all here together today.
Articles
November 7, 2017
WARWICK, R.I. (AP) — House Democratic leader Nancy Pelosi and members of Rhode Island’s congressional delegation jointly denounced the new Republican tax plan Monday in the hopes of rallying the public against it.
Blog Post
November 7, 2017
While House Republicans from California tout the GOP Tax Scam as a tax bill that brings ‘relief’ to Californians, they’re actually eliminating the deductions that working families in their districts benefit from.
The GOP bill caps the mortgage interest deduction at $500,000, which is half of the current $1 million cap. That’s a problem for thousands of CA households because four of the top six areas where more than 30 percent of new mortgages are over $500,000 are in districts represented by Republicans:
Blog Post
November 7, 2017
Under the Ryan-McConnell tax bill, not only are Republicans raising taxes on the middle class in order to hand massive tax cuts to the rich, they are destroying a key tax deduction for working families dealing with medical bills: the medical expense deduction, which helps families with children with disabilities, long-term care needs, a need for expensive fertility treatments that have very high medical costs.
Blog Post
November 7, 2017
“My donors are basically saying, ‘Get it done or don’t ever call me again.’” – Rep. Chris Collins (R-NY)