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A project of Common Dreams

For Immediate Release
Contact: Chris Fleming,Email:,chris@redhorsestrategies.com

House GOP Confirms Plan to Cut Medicaid and SNAP Funding to Finance Tax Cuts for Billionaires

House GOP Ways & Means Committee Announces $5T Tax Bill Plan, Setting Up Massive Cuts to Vital Programs to Fund Billionaire Tax Cuts

Today, House Republicans on the Ways and Means Committee released the text of their tax bill, which would provide massive tax giveaways to billionaires and big corporations. The Republicans’ bill would be paid for by making massive cuts to Medicaid, nutrition for children, and other vital programs. In response, Americans for Tax Fairness, released a new analysis unpacking the committee’s plans for the Trump tax bill and sent a letter to Congressional leaders urging them to repeal this deeply harmful bill.

“The House GOP has revealed in broad daylight that their tax bill is a clear scam—one that hands out massive giveaways to their billionaire and corporate donors off the backs of their constituents with a price tag of over $5 trillion,” said David Kass, ATF Executive Director. “The plan’s massive cuts to vital programs like Medicaid and SNAP will drive up healthcare and food prices for millions of workers and families, while billionaires pocket the money and the national debt soars. Working and middle-class families—and future generations—shouldn’t have to pay higher prices simply to enrich billionaire elites and the politicians in their pocket.”

Americans for Tax Fairness (ATF) is a diverse campaign of more than 420 national, state and local endorsing organizations united in support of a fair tax system that works for all Americans. It has come together based on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet our growing needs. This requires big corporations and the wealthy to pay their fair share in taxes, not to live by their own set of rules.

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