Tag: GOP Tax and Spend
Large Majority of Trump Voters Oppose Medicaid Cuts
71%
A new Hart Research poll found 71% of voters who backed Donald Trump said cutting Medicaid would be unacceptable. Voters overall were even more opposed to it, with 82% saying so.
The Republicans Have Done It Again
“We just won back the House.”
— Rep. Haley Stevens (D-MI), quoted by the Washington Post, as she walked off the floor after House Republicans passed their budget resolution.
Republicans Are Not Deficit Hawks
“What Republicans want is to spend at levels they think appropriate (more on defense and some domestic programs, less on others) and to tax at levels they think appropriate (generally less, especially for the wealthy). They are consistent in those preferences. They don’t care — at all — about how the revenues the government receives from those taxes compares to overall government spending. Republican preferences don’t add up, which is why deficits leap up every time they get to control policy.”
— Jonathan Bernstein
Senate Tax Bill to Add $1 Trillion to Deficit
$1 trillion
“Congress’ nonpartisan tax analysts have concluded the Senate Republicans’ tax plan would add $1 trillion to the deficit over 10 years, contradicting White House promises the bill would pay for itself and complicating GOP leaders’ efforts to find the support they need to pass the bill through a closely divided Senate,” the Washington Post reports.
Most Oppose GOP Tax Bill
17 points
A new ABC News-Washington Post poll finds Americans oppose President Trump’s emerging tax plan by broad a 17-point margin, with 60% saying it favors the wealthy -– including six in 10 of the wealthy themselves.
Fewer than a Third of Voters Back Trump’s Tax Plan
28%
Reuters/IPSOS: Of those adults who said they had heard of the “tax reform plan recently proposed by congressional Republicans,” just 28 percent said they support it, while 41 percent said they oppose it and another 31 percent said they do not know. The poll found opinions on Trump’s plan were sharply divided along party lines, with 56 percent of Republicans and just 9 percent of Democrats supporting it.
GOP Unveils Tax Plan That Would Double Deficit, Add Four Times More Debt Than Stimulus, Health-Care Reform Combined
Just days after the release of data showing that Pres. Obama and the Democratic-controlled Congress had reduced the federal deficit by 13 percent — down $103 billion — over the past year, the Republicans have released a tax plan that the Washington Post says would increase the deficit by a multiplier of four, compared with the stimulus and health-care reform, policies the GOP voted against, claiming they were too expensive:
