News · Press Release

Will the House Pass Budget Paving the Way to The Middle Class Double Tax?

On Thursday, Speaker Ryan’s do-nothing Republican Congress will vote on the Senate passed budget resolution bill—a procedural measure that paves the way for passing a middle-class double tax in order to give tax breaks to the rich and big corporations.

Make no mistake—the budget resolution includes many harmful policies that will devastate middle-class families. It slashes $473 billion from Medicare, cuts more than $1 trillion from Medicaid and imposes $5 trillion in discretionary cuts to programs like Head Start, Pell Grants and cancer research.

But the true purpose of this budget is to pave the way for The Middle Class Double Tax, which Speaker Ryan intends to jam through without a single Democratic vote. This bill cuts taxes for millionaires, billionaires, and big corporations, and leaves middle-class families holding the bag. Even President Trump’s economic advisor, Gary Cohn, admitted that he “can’t guarantee” middle-class families won’t pay more taxes.

“With its deep cuts to Medicare, Medicaid, Pell Grants and cancer research, this budget is shameful and cruel,” said DCCC Spokesman Tyler Law. “But make no mistake, it’s designed with one goal: to give a massive handout to the rich paid for by a middle-class double tax. Worse, Speaker Ryan and vulnerable House Republicans know it and don’t care. Unfortunately for them, voters do.”

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