Leader Schumer Statement On New Reports That The “Big, Ugly Betrayal” Will Increase Our Debt By $3.3 Trillion

Washington, D.C. – Today, Senate Democratic Leader Chuck Schumer (D-NY) released the following statement on the Senate Republicans’ “Big, Ugly Betrayal” increasing the national debt by $3.3 trillion:

“The CBO just handed America the receipt for Trump’s “Big, Ugly Bill” —and it’s devastating. Senate Republicans’ bill would blow a $3.3 trillion hole in the debt to pay for billionaire tax breaks.

“This is the biggest debt increase in U.S. history. All so the ultra-rich and big corporations can cash in, while millions of Americans lose health care, food assistance, and jobs.

“This bill is nothing but a stickup: working families get robbed, billionaires get paid.

“Senate Democrats will fight this cruel, corrupt giveaway with everything we’ve got.”

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