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Fact: Much of the ‘savings’ Bacon is hiding behind will be actually offset by provisions in the bill that will exempt the lowest-earning families from claiming the full child tax credit, increase health care premiums, kick thousands off Medicaid, and reduce SNAP benefits. 35% of households in the state make less than $50,000 – and those families will actually see their after-tax income decrease by about $940.
Meanwhile, households worth over $1 million will get more than $80,000 in tax cuts and the top .1% of Americans will see their after-tax income increase by $390,000.
DCCC Spokesperson Madison Andrus:
“Don Bacon is watching his political future fade away in front of his very eyes – and he’s not handling it well. Maybe next time, instead of trying to lie to his constituents, Bacon will actually stand up to extremist GOP leaders in Washington instead of just paying lip service. Unfortunately, anything more than grandstanding has never been Bacon’s strong suit.”
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