Skip to content

Schumer Statement on New CBO Deficit Projections

Washington, D.C. – U.S. Senator Chuck Schumer today released the following statement regarding the latest CBO report.
“The CBO's latest report exposes the scam behind the rosy rhetoric from Republicans that their tax bill would pay for itself. From day one, the Republican agenda has always been to balloon the deficit in order to dole out massive tax breaks to the largest corporations and wealthiest Americans, and then use the deficit as an excuse to cut Social Security and Medicare. The American people deserve a Congress that is focused squarely on helping the middle class, not patronizing Kabuki theatre –like sham ‘balanced budget’ votes - from Republicans who blew up the deficit to benefit wealthy special interests.”