Legislation has been introduced by Rep. Ritchie and Rep. Espaillat to address the deficiencies that led to the recent building collapse in the Bronx, with Rep. Ritchie stating, “The federal government is the principal funder of affordable housing.” The six-year anniversary of the Tax Cuts and Jobs Act (TCJA) has prompted various reactions from congress members. Senator Ricketts highlighted the act's role in achieving record lows in unemployment and economic growth. Rep. Kiggans supported the Affordable Housing Credit Improvement Act, aiming to modernize housing tax credits. Rep. Estes and Rep. Smith praised the TCJA, noting that wages grew faster for the bottom 10% and the economy expanded by a full percentage point. CongBoyle and the House Budget Democrats criticized the TCJA for adding $2 trillion to the debt and providing tax cuts for the wealthy and well-connected. Rep. Feenstra and Rep. Tenney advocated for the act, with Tenney pushing for the TCJA Permanency Act to extend the tax cuts.
Trump's Tax Scam turns 6 today, so here's a reminder: Without the trillions Trump and Bush wasted on tax cuts for the wealthy, revenues would have kept up with spending indefinitely. Remember that next time the GOP says we need to cut food assistance or Social Security.
The Tax Cuts and Jobs Act was signed into law six years ago today, putting more money into hardworking American pockets & strengthening small businesses. Congress must pass the TCJA Permanency Act to preserve these tax cuts & counteract Biden’s disastrous economic policies.
6 years ago today, Donald Trump signed the #GOPTaxScam into law, adding $2 trillion to the debt and slashing taxes for the wealthy. The GOP isn't the party of "fiscal responsibility" — just the party of tax cuts for the wealthy and well-connected.
The Tax Cuts and Jobs Act grew our economy and supported our families. I look forward to working with @WaysandMeansGOP Chairman @RepJasonSmith to expand on the #TCJA, lower taxes for American families, keep our businesses competitive against China, and strengthen our economy. https://t.co/J4BXqbKAtZ
6 years later, the Tax Cuts and Jobs Act is still delivering for working families, small businesses & farmers. Wages grew faster for the bottom 10% compared to the top 10% and the economy a full percentage point larger. Congress must keep building on its success. https://t.co/YaRA1MLeE7
Six years ago President Trump signed the Tax Cuts and Jobs Act into law and even the liberal media has had to admit that TCJA benefitted the middle class. We need to rein in our spending and extend key TCJA provisions that boosted the economy. https://t.co/y8qfVqBB9c
It has been 6 years since the Tax Cuts & Jobs Act was enacted into the law. Wages & income grew nationwide. Unemployment dropped to record lows. Americans kept more of their hard-earned money. Pro-growth policies work, Bidenomics doesn’t.
I recently joined @RepLaHood to cosponsor his Affordable Housing Credit Improvement Act. By modernizing the Low-Income Housing Tax Credit, this bipartisan bill will help expand our housing supply and support American economic development! https://t.co/SaHzBybAX5
I am proud to join @RepEspaillat in introducing legislation to address some of the unacceptable shortfalls that contributed to last week's building collapse in the Bronx. As I told @NYDailyNews today, “The federal government is the principal funder of affordable housing in the…