On Thursday, Republicans in the House of Representatives introduced tax legislation that would provide large tax cuts favoring special interests and wealthy individuals.
Congresswoman Terri A. Sewell (D-AL) releases the following statement:
"After months of secret negotiations, it should come as no surprise that the tax plan revealed by Republican leaders today is a raw deal for Alabama and for working families across this nation. The Republican tax bill will raise costs on families who can least afford it while providing wealthy individuals and special interests a windfall in tax breaks," said Rep. Terri Sewell. "In order to pay for what would be the largest tax giveaway to special interests in American history, the Republican tax plan promises to make cuts to Medicare, Medicaid, and the programs that middle-class families rely on. We cannot afford poorly targeted tax cuts and we cannot afford to miss our chance for true bipartisan tax reform. While I disagree with a number of the points in today's tax plan, I will work with my colleagues to try to reshape this bill so that it helps working families and encourages growth across the entire economy in a fiscally-responsible way."