Washington, DC — The Republican Study Committee—the largest conservative caucus in the House—is pushing new proposals that would further raise costs for working Americans while once again delivering tax breaks to the top one percent. Following up on their Republican Tax Law, which made the biggest cuts in history to Medicaid and SNAP, and refusal to extend ACA tax credits, House Republicans are doubling down on their cost-raising agenda, putting working families last and billionaires first.
Their new plans would eliminate the Affordable Care Act (ACA) tax credits and cut Medicaid even further, raising health insurance premiums even more and leaving even more Americans without coverage. Their proposed agenda also contains even more cuts to SNAP, taking away food from working families to fund yet another round of tax breaks for billionaires.
Americans face soaring costs and a Republican-manufactured health care crisis, yet Congressional Republicans are focused on making America more affordable for millionaires and billionaires. Among the most expensive provisions in the bill is a repeal of the federal estate tax — a massive break that benefits only a small group of the ultra-wealthy, at a cost of $281 billion.
“After a year of broken promises around affordability and control of government, this is what House Republicans have come up with: legislation that further enriches the richest of the rich at the expense of working Americans” said Unrig Our Economy Campaign Director Leor Tal. “After the Republican Tax Law made the largest cuts to Medicaid and SNAP in history, Republicans should stop raising costs on working families and, instead, focus on helping their constituents afford basic items like groceries and stop stripping even more Americans of vital services.”
To learn more about the campaign, visit UnrigOurEconomy.com or contact press@unrigoureconomy.com
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About Unrig Our Economy
Unrig Our Economy is a national campaign to fix the rules of our economy to make it work for working people. We know that when the middle class does well, all of us do well — which is why we’re fighting on behalf of working Americans and holding corporations, their wealthy executives, and the politicians who enable them accountable.