Media
Latest News
Blog Post
September 28, 2017
Americans hard hit by hurricanes and other disasters – including those struggling to rebuild their lives after catastrophic events like Hurricanes Harvey, Irma and Maria – would likely lose their disaster deduction under the Ryan-McConnell tax cut plan for billionaires, according to the Wall Street Journal analysis of the winners and losers.
From the WSJ:
Press Release
September 28, 2017
Thank you very much, Congresswoman [Nydia] Velázquez for bringing us together this morning. Thank you for your ongoing commitment to the people of our entire country and that includes Puerto Rico.
Blog Post
September 28, 2017
Yesterday, President Trump and Congressional Republicans unveiled the Ryan-McConnell multi-trillion dollar giveaway to the wealthiest few. They spent all day selling this sham plan as a “middle class miracle” – until the truth slipped out this morning.
Press Release
September 28, 2017
Thank you, Mr. Speaker. I ask for your consent to speak out of order to join you in thanking God for the return of our colleague [Congressman] Steve Scalise and to have him do so in such a strong way.
Blog Post
September 27, 2017
In his big speech in Indiana, President Trump claimed the Ryan-McConnell tax ‘reform' plan is a ‘Middle Class miracle,' but in reality, nothing about the GOP proposal provides ‘historic tax relief' for hard-working Americans. It's nothing more than a massive tax giveaway for Trump and his rich friends. Here's why:
WHAT PRESIDENT TRUMP SAYS ABOUT RYAN-MCCONNELL TAX ‘REFORM' PLAN:
"By eliminating tax breaks and loopholes we will ensure that the benefits are focused on the Middle Class, the working men and women, not the highest income earners … I'm doing the right thing, and it's not good for me, believe me."
Press Release
September 27, 2017
Washington, D.C. –House Democratic Leader Nancy Pelosi joined Ways & Means Committee Ranking Member Richard Neal (D-MA), Ways and Means Committee Democrats, and experts at a Tax Reform Forum to discuss the Ryan-McConnell tax framework. Below are the Leader's remarks:
Leader Pelosi Opening Remarks
Leader Pelosi. Thank you very much, Ranking Member [Richard] Neal for hosting us today but also for your great leadership on doing just that: promoting tax reform that creates growth, creates good-paying jobs, raises wages and reduces the deficit.
Blog Post
September 27, 2017
As Speaker Ryan and Senate Majority Leader McConnell rollout their grossly irresponsible plan to give the wealthiest few massive tax cuts – we thought we'd remind everyone that experts of all political stripes agree tax cuts don't pay for themselves.
Douglas Holtz-Eakin, president of the American Action Forum and former director of the Congressional Budget Office (2003-2005, under President Bush)
Press Release
September 27, 2017
For the last eight years, Republicans in Congress have gone into hysterics over President Obama’s budgets, attempting to misguide the American public that we were hurtling toward a ‘debt crisis.’
Press Release
September 27, 2017
Democrats have always been willing to engage in bipartisan tax reform. Republicans’ tax framework is not tax reform, it is a framework that gives away the store to the wealthiest, while sticking the middle class with the bill. Cutting the top tax bracket for the richest and the $270 billion giveaway of repealing the estate tax reveal a GOP tax framework built for billionaires. Meanwhile, the token provisions for hard-working middle class families are likely swallowed by Republicans raising the base rate and forcing them to pay more for their state and local tax burden.
Press Release
September 26, 2017
Washington, D.C.