Blue Dog Statement on the House Passage of the Final GOP Tax Bill
Today, the co-chairs of the fiscally-responsible, Democratic Blue Dog Coalition—Reps. Jim Costa (D-CA), Henry Cuellar (D-TX), and Daniel Lipinski (D-IL)—released the following statement in response to the House passage of final Republican tax bill:
“We are disappointed our Republican colleagues decided to pursue a closed process that led only to partisan tax bill that prioritizes corporations over the middle class. It did not have to be this way. Since day one of this year, the Blue Dogs have reached across the aisle so that Congress could produce real, bipartisan tax reform. We met with our constituents, policy experts, congressional Republicans, and the White House. We released our principles on tax reform to provide a roadmap that shows how Republicans and Democrats could come together to produce bipartisan, revenue-neutral tax reform to stimulate economic growth. Those principles revealed that there was some overlap between our priorities and the Republican tax plan. Yet, our calls for an open, bipartisan process fell on deaf ears.
“Let’s be honest with the American people about this bill. It isn’t real reform. This is a tax bill that overwhelmingly benefits the wealthy, while costing our children and grandchildren an additional $1.5 trillion plus interest. This year, under a Republican-led Congress and White House, we’ve seen the national debt surpass $20 trillion for the first time in U.S. history and the largest budget deficits in four years. This continues the disturbing, unsustainable trend of the government spending more money than it receives in revenue, which jeopardizes our country’s economy, undermines our promise to future generations, and harms our national security.
“For a Republican bill, there isn’t anything conservative about the final tax bill—particularly because it will pass on an even higher amount of debt to our children and grandchildren than we have ever seen as a nation. It’s simply immoral to do this to our future generations. Republicans know this because they campaigned on it for eight years, starting the day President Obama was sworn into office. So we must ask our Republican colleagues a question: what happened to the self-proclaimed fiscal conservatives?
“Washington must stop jamming through partisan legislation that leads to short-term gains at the expense of future generations. It’s time for Republicans and Democrats to stop the partisan games and the closed-door processes, and return to sound policymaking. The Blue Dogs will continue to do everything we can to make that happen.”