COURTNEY CONDEMNS GOP TAX BILL AS ‘HISTORIC MISTAKE’
WASHINGTON, DC —Today, Congressman Joe Courtney (CT-02) made the following statement after voting against the final version of the Republican tax overhaul that was passed in the House of Representatives by a vote 227-203:
“This afternoon, Congress made a historic mistake in passing a seriously lopsided tax overhaul the will almost entirely benefit wealthy Americans and corporations at the expense of middle-class and working families,” said Courtney. “This bill will exacerbate our national deficit and sets up the rationale that Republicans will use to launch their long-anticipated attacks against Social Security and Medicare, which Speaker Paul Ryan has already brazenly promised to do. It is also a sneak-attack on the Affordable Care Act that will result in 13 million Americans losing insurance, and will cause health care costs to rise for millions more through the repeal of the individual mandate.
“This bill was the quintessential backroom deal. It was rushed through Congress in record time without a single public hearing and with no testimony from outside experts about how it will affect our economy and our future. I believe that the more Americans come to learn about what was contained in this bill, the more they will come to understand the extent of the harm it will do to our nation.”
The original tax legislation was introduced in Congress only 48 days ago and has gone through extensive re-drafting behind closed doors during that time. The current version of the bill that was passed today was only released to members of Congress and the public on Friday evening, less than five days ago.
The vast majority of the provisions in the bill that provide some limited benefit to the middle-class families will expire in 2025, while tax cuts for corporations will be made permanent.