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releases: https://www.warner.senate.gov/public/index.cfm/2017/12/statement-on-senate-passage-of-gop-tax-bill

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://www.warner.senate.gov/public/index.cfm/2017/12/statement-on-senate-passage-of-gop-tax-bill Statement on Senate Passage of GOP Tax Bill 2017-12-20 2017 2017-12 Democrat House VA Mark Warner W000805 www.warner.senate.gov     legacy WASHINGTON U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Finance and Budget Committees, issued the below statement after the Senate voted along party lines 51-48 to approve the budget-busting GOP plan to cut taxes for corporations and the richest Americans: This is the worst piece of legislation we have passed since I arrived in the Senate. Nonpartisan analyses released yesterday confirm the final Trump-Republican tax bill will hike taxes on millions of middle-class Americans in order to pay for massive cuts for corporations and the wealthiest Americans. By 2027, under the Trump-Republican tax bill, families earning under $75,000 wouldpay morein taxes than they do today while the top 1 percent would enjoy the largest tax breaks, according to the Joint Committee on Taxation (JCT). And the Tax Policy Centerestimatedthat 53 percent of American householdswill face tax hikes in 2027 while the top 0.1 percent of taxpayers will get an average tax cut of nearly $200,000. The top one percent of taxpayers are expected to receive 83 percent of tax benefits. On top of this, the Committee for a Responsible Federal Budgetestimatedthat the true cost of the final, unpaid-for GOP tax bill is roughly $2.5trillion, adding to our $20 trillion national debt. The bill now heads back to the House of Representatives, where it is expected to pass and be sent to the President for his signature without a single Democratic vote. ### 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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