Issues: Trump budget

Mnuchin Lies About Raising Middle Class Taxes, Accurately Says Trump Tax Bills “A Huge Boon” To Wall Street

Republicans are tripping over themselves trying to defend the Trump tax bills that raise taxes on middle class and poor families to fund tax cuts for the rich.  Treasury Secretary Steve Mnuchin (pictured here) admitted to Fox News the Trump proposals would be a “huge boon for the financial services industry”  Treasury Secretary Steve Mnuchin (pictured here) admitted to Fox News the Trump proposals would be a “huge boon for the financial services industry” moments after lying about how ending the state and local tax deduction would raise taxes on millions of middle class Americans.

This exchange followed Senate Finance Committee Chairman Orrin Hatch yesterday flat-out admitting that putting more money in peoples’ paychecks was “not what we’re trying to do.”

“Just like with healthcare, Republicans are trying to sell their tax plans by lying to the millions of middle class Americans […]

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Sanders Questions: Anyone Thirsty? Edition

Donald Trump has returned from Asia, and with him returns everyone’s favorite part of the day: asking Sarah Huckabee Sanders questions she’ll do her best to ignore.

Unfortunately for Team Trump, while he was gone Americans learned all about what the disastrous Republican tax plan will do to the middle class, healthcare, the deficit, American jobs…we could go on.

American Bridge Trump War Room Communications Director Harrell Kirstein hopes she’s got her water bottle cap unscrewed and calls on White House Press Secretary Sarah Huckabee Sanders to answer the following questions:

1. Why is Donald Trump going back on his promise to bring back American jobs by supporting a tax package that would encourage corporations to send jobs out of the United States?

2. Following up on that, does he have anything to say to the 36 million middle class Americans whose taxes will go up under his tax plan?

3. Why did President Trump […]

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BREAKING: Republicans Vote To Raise Taxes On Middle Class Americans, Cut Medicare, And Send Jobs Overseas

American Bridge Vice President Shripal Shah released the following statement in response to the House passing the Trump tax plan:

“In lockstep with Donald Trump, House Republicans just voted to raise taxes on 36 million middle class Americans, cut Medicare by $25 billion, and outsource American jobs – all to cut taxes for the super rich and big corporations.  This is a disastrous plan that sells-out hardworking, average Americans who are counting on jobs and a better economic future.  The country deserves better, and the public will hold these Republicans accountable.”

Yesterday, Bridge Project released a new digital ad running nationally on Facebook, “Trumps Tax Plan Sells You Out,” which highlights warnings that the Republican tax plan would break Donald Trump’s #1 promise and help outsource American jobs he said he would protect.

Raising taxes on middle class Americans
The nonpartisan Tax Policy Center estimates that the House […]

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Economic Experts: To help 1%, Senate Republican tax plan would cost over 13 million Americans health care

24 hours after Senate Republicans added repeal of the Affordable Care Act’s individual mandate to their tax plan – in order to finance corporate tax cuts that overwhelmingly benefit the wealthiest Americans – economic experts are making clear that this would have devastating costs for the middle class.

To permanently cut taxes for big business, Senate Republicans would take healthcare coverage from 13 million Americans, send health insurance markets into chaos, and cause premiums to skyrocket across the board.

On top of these new medical and financial burdens for hardworking Americans, former Obama Administration economic adviser David Kamin explains that, in 2027, $30 billion of corporate tax cuts would be paid for by raising taxes on everyone EXCEPT the richest 1% of Americans.

This comes as Republican Senators are openly admitting that they are rushing to pass this tax bill to please big money donors.

Center on Budget and […]

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NEW REPORT: Senate GOP tax scam raises taxes on 1 in 3 middle class Americans

American Bridge spokesperson Andrew Bates release the following statement after a new analysis found that, like the House Republican tax plan, the Senate proposal unveiled yesterday would raise taxes on one third of middle class Americans:

“Donald Trump, Mitch McConnell, and Paul Ryan have all lied to the American people about the Republican tax scam, which would raise taxes on 1 in 3 middle class Americans in order to create new giveaways for the wealthiest taxpayers and large corporations. The writing is on the wall – instead of fighting to deliver economic relief to hardworking Americans like they promised, Trump and congressional Republicans are selling them out with this tax plan.”

This comes as both Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan have been forced to admit that a previous claim they both made – that all Americans would receive tax cuts under their plans – is […]

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ICYMI: More layoffs planned at Carrier plant Trump promised to save

“President Trump is King Midas in reverse, every business he touches lays off American workers,” said American Bridge Vice President Shripal Shah.  “Here’s the truth: there have been more than 222,543 layoffs announced since Trump took office, including more than a thousand at the infamous Carrier Plant that Trump had promised to save.  His entire economic agenda has been lie, and the only consistent theme from his administration is a desire to further rig the economy for the super wealthy at the expense of the middle class.”

In addition to Carrier, many other businesses Trump touted have or promised to protect have turned around to layoff workers. This year that includes: 

Novartis laid off 204 workers — specifically noting that the jobs would be outsourced to India — even after Trump met with the company’s CEO.

Trump celebrating Boeing before the company laid off ~200 workers at the same […]

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In disastrous interview, Trump’s to​p​ economic adviser lies about middle class tax rates

American Bridge spokesperson Andrew Bates released the following statement after National Economic Council Director Gary Cohn admitted the Trump tax plan is rigged to benefit big corporations​ -​ not the middle class​ – ​and that CEOs were the “most excited” about the Republican tax plan:

​“The Trump Administration keeps sinking to new lows​ to sell their tax scam​. Things may look different from Goldman Sachs headquarters, but middle class Americans know that they are the ones who need relief – not big corporations and CEOs.  The country can’t afford ​an economy that’s rigged even more in favor of the wealthy at the expense of everyone else. ​Republicans are outright lying in order to raise taxes on the middle class just so they can finance new tax breaks for their campaign donors.”

Importantly, Fortune 500 CEOs have already declared that they plan to use the savings from […]

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Statement on CBO Report: Trying To Take Health Care From Millions Is Recipe For Even More GOP Losses

American Bridge Vice President Shripal Shah issued the following statement after the nonpartisan Congressional Budget Office estimated that 13 million Americans would lose their healthcare coverage if Republicans repealed the Affordable Care Act’s individual mandate with their tax plan, as Donald Trump is urging them to do:

“Voters sent an unmistakable message to Donald Trump and Republicans last night: take healthcare coverage from millions of Americans in order to cut taxes for the wealthy and big corporations at your own risk.  The Trump tax scam already threatens to raise taxes on millions of middle class families, and yesterday a Republican member of Congress even admitted that this is all about pleasing big-money campaign donors.  Republicans in Congress who join with Donald Trump to sell-out hardworking people will be held accountable in 2018, just like Ed Gillespie and Republicans were last night.”

Exit polls indicate that healthcare was the […]

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NEW ANALYSIS: Congress’s official tax scorekeeper finds GOP plan would raise taxes on millions of middle class families

American Bridge spokesperson Andrew Bates released the following statement after the nonpartisan Joint Committee on Taxation found that in 2027, the Republican tax plan would raise taxes on millions of middle class Americans, refuting false claims from Trump and members of Congress:

“Donald Trump and congressional Republicans are insulting the intelligence of the American people as they try to rig the U.S. economy against them. Raising taxes on millions of middle class families in order to create new tax breaks for the wealthy and large corporations tears Trump’s ‘populist’ promises to shreds. Revealingly, at the very same time one of the closest Republicans in Congress to Trump slipped and told the truth: this tax scam that sticks it to American families is all about pleasing big-money Republican donors.”

Yesterday, a New York Times analysis also found that “Nearly half of all middle-class families would pay more in taxes in […]

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Statement: Trump threatens more Obamacare sabotage unless Republican tax bill takes coverage from millions as it raises taxes on middle class families

American Bridge spokesperson Andrew Bates issued the following statement after it was reported that Donald Trump is preparing an executive order to cripple the Affordable Care Act’s individual mandate, and which would be used if congressional Republicans do not repeal the mandate in their tax reform plan.

​”Raising taxes on millions of middle class families, and at the same time taking health coverage from 15 million people, in order to pay for new tax cuts for the wealthiest Americans and large corporations is dead wrong as an economic policy, and would be a catastrophic one-two punch for working people. Trump’s partisan sabotage of health insurance markets is already making healthcare costs skyrocket, and at the same time he’s trying sell them out even more by rigging the tax code for millionaires.”

The Trump Administration’s own Department of Health & Human Services has confirmed that premiums on the […]

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