Pocan Slams Ryan and Republicans for Slashing Corporate Taxes at the Expense of the Middle Class
WASHINGTON, DC (December 19, 2017) – U.S. Representative Mark Pocan (WI-02) today released the following statement regarding the final version of the Republican tax bill, which was passed today in the House of Representatives.
“Speaker Ryan and House Republicans just passed one of the biggest legislative scams in American history. Despite all of the rhetoric, lofty promises, and downright lies, the GOP tax bill is not written for the middle class, it’s written for corporations and the wealthy. Today, Speaker Ryan and Republicans confirmed loud and clear that their priority is to help corporate and special interests at the expense of working families in Wisconsin and across the United States.
“Make no mistake, the Republican tax plan will negatively impact millions of American families, but what Speaker Ryan will do next is even worse. The handouts to corporations and the wealthy from this bill are so drastic that they are projected to balloon the deficit by more than $1.4 trillion, and Speaker Ryan is already planning to use this as an excuse to make massive cuts to programs like Medicare and Social Security.
“And while Speaker Ryan has been fighting to give corporations tax cuts at the expense of the middle class, he’s neglected to reauthorize critical services like the Children’s Health Insurance Program and the Federal Perkins Loans Program. When Congress returns in January, I will do all that I can to fight for working families and stop Speaker Ryan’s radical agenda from doing more harm.”