As our nation approaches a catastrophic, GOP-manufactured default, House Republicans are already scheming a far-right tax plan that would blow up the deficit again. Reports indicate that Republicans plan to pass their budget-busting tax scam — modeled off the Trump tax plan — in committee next month.
This tax scam serves to bail out large corporations and the wealthiest few at the expense of working families.
REMINDER: The Congressional Budget Office has estimated that making the Trump tax cuts permanent — as House Ways and Means Republicans have proposed — would cost another $3.5 trillion over the next decade.
DCCC spokesperson Viet Shelton:
“House Republicans are not fiscal hawks – they are hypocrites. They’ve spent months lecturing the American public about their false desire to reduce the federal deficit, when in truth they were preparing a plan to blow a Trump-sized hole in it. Version 2.0 of the Republican Tax Scam is a slap in the face to every hard working American struggling to make ends meet and it will cost vulnerable Republicans who support it their seat in Congress come November 2024.”