Schumer Statement on Treasury Department Analysis Of The Republican Tax Plan

December 11, 2017

Washington, D.C. – U.S. Senator Chuck Schumer released the following statement on the Treasury analysis of the GOP Tax Plan:

“The latest Treasury “analysis” is nothing more than one page of fake math. It’s clear the White House and Republicans are grasping at straws to prove the unprovable and garner votes for a bill that nearly every single independent analysis has concluded will blow up the deficit and generate almost no additional economic activity to make up for it. Let’s be clear: no amount of fake math can change the fact that the Republican tax bill will be a boon to the wealthiest Americans and largest corporations all while increasing taxes for millions of middle-class families and leaving 13 million Americans without healthcare.”