WASHINGTON—U.S. Senate Democratic Whip Dick Durbin (D-IL) released the following statement after the Senate narrowly passed its Fiscal Year 2018 budget resolution, which Republicans are using as the vehicle to advance their tax plan on a strictly partisan basis:

“Make no mistake—what Republicans are trying to sell as tax reform is actually a massive tax giveaway to the wealthy few, paid for with $1 trillion in cuts to Medicaid and $470 billion in cuts to Medicare. This plan doesn’t fix our broken tax code or even simplify it. It cuts taxes for corporations and individuals who earn more than $730,000 per year, and raises taxes on the nearly one-third of Americans who make between $50,000 and $150,000 a year. This has to stop. It’s time we looked at tax reform and economic growth in terms of the family room, not the board room.”

Article continues after sponsor message

Get The Latest News!

Don't miss our top stories and need-to-know news everyday in your inbox.

More like this:

Mar 25, 2024 - Duckworth Reaction After Senate Votes To Fully Fund Government For Remainder Of 2024 Fiscal Year, Averting A Prolonged Government Shutdown

Feb 1, 2024 - Bost Votes For Tax Relief For Working Families

2 days ago - Lawmakers, Affordable Housing Advocates Join Labor In Push for New Tax Credit Legislation

Yesterday - 2023 Madison County Final Multiplier Announced

Apr 8, 2024 - Department Of Revenue Reminds Taxpayers That April 15 Filing Deadline Is Quickly Approaching