Press Releases

Schumer Responds to Chairman Brady on SALT Deduction

November 12, 2017

Washington, D.C. - U.S. Senator Chuck Schumer released the following statement in response to Chairman Brady's comments on Fox News Sunday in which he said the House would not pass a tax bill that fully eliminates the SALT deduction, as the Senate bill would do: "The House's so-called 'compromise' would be saying to the middle class we'll only chop off four of your fingers instead of all five. "Both the House and the Senate bills would raise taxes on millions of middle-class families, more...


Schumer: Senate Bill Breaks McConnell Promise That Plan Wouldn’t Raise Taxes on Middle Class

November 10, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to new analysis showing the Senate Republican tax plan would raise taxes on the middle class: "Now that the plan is written in black and white, it's clear that middle-class families, particularly in the suburbs, would be hammered by this bill. "The Senate bill clearly violates Leader McConnell's pledge that the Republican plan wouldn't raise taxes on the middle class. "Rather than distorting the more...


Schumer Responds to President Trump’s Comments on China Trade

November 9, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to President Trump's remarks on trade earlier today in China: "The president may not blame China, but I do, and so do millions of Americans who voted for him and others who have lost their jobs at the hands of China's rapacious trade policies. "After campaigning like a lion against China's trade practices, the president is governing like a lamb. Rather than treating China with kid gloves, the more...


Schumer Statement on CBO Analysis of Individual Mandate Repeal

November 8, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding the CBO analysis of repealing the individual health insurance mandate through tax legislation: "This backdoor attempt at sabotaging the health care system would send premiums shooting up and cause millions of Americans to lose their health insurance. "Sneaking Trumpcare into a tax bill that would already be bad for middle-class families would be adding insult to injury. Instead of doubling down on more...


Schumer Statement on Reports the Senate Tax Bill Will Fully Eliminate SALT Deduction

November 7, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding reports that the Senate tax bill will fully eliminate SALT deduction: "It's becoming crystal clear: Republicans are on a fast track to fully eliminate the SALT deduction. "The compromise was never adequate, but any Republican clinging to it as an excuse to vote for the tax bill should abandon ship before it's too more...


NEW VIDEO: Republicans Admit: Middle Class Americans Would See Tax Hike Under GOP Tax Plan

November 7, 2017

Washington, D.C. - Since unveiling their tax proposal, Republicans have openly admitted that middle class Americans could see tax hikes rather than tax relief under the GOP tax plan. While the GOP plan gives massive tax breaks to special interests and large corporations, Republicans admit that they aim to do so on the backs of hardworking people. Senate Democrats today said any plan that increases taxes on middle income people in order to give special interests and corporations massive tax more...


Schumer Statement on Tax Policy Center Analysis of GOP Tax Plan

November 6, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding the recently released Tax Policy Center analysis of the GOP tax plan: "As the years roll on, wealthy taxpayers and corporations reap huge windfalls while middle class taxpayers get stuck with the bill. It's no wonder Republicans are trying to rush this bill through - the more scrutiny it gets, the worse it looks. "This analysis makes clear that over one quarter of taxpayers will see a tax increase more...


Schumer: New Study Shows as Time Goes on, Middle Class Sees Taxes Go Up, Wealthy Reap Greater Giveaways

November 6, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding the Institute on Taxation and Economic Policy's (ITEP) new report indicating the richest Americans will benefit most from the GOP tax plan: "As time marches on, the rich get richer while the tax burden on the middle class only gets heavier. "By the time the Republican tax plan takes effect, millions of middle class families will see their taxes go up, while the richest 1% will rake in even more of more...


Schumer & Wyden Statement on Paradise Papers & GOP Tax Proposal

November 6, 2017

Washington, D.C. - Senate Democratic Leader Chuck Schumer and Senate Finance Committee Ranking Member Ron Wyden released the following statement regarding the Paradise papers and the GOP tax plan: "By failing to close the egregious loopholes outlined in the Paradise papers, the Republican plan rewards wealthy billionaires like Secretary Wilbur Ross for dodging taxes, while punishing many in the middle class with new tax hikes. If you deduct medical expenses or student loan interest from your more...


The Republican Tax Plan Attacks Key Middle Class Tax Deductions to Give Huge Benefits to the Wealthy and Corporations

November 3, 2017

Associated Press: GOP Tax Plan May Offer Little Aid For Many In Middle Class. "House Republicans have stressed that the tax plan they unveiled Thursday is tailored to benefit America's middle class. Just how much it would remains uncertain based on the details that have been provided so far. What is clear is that many of the benefits for the middle class could dwindle over time, even while companies and wealthy individuals could enjoy lasting tax advantages. … The tax plan's primary more...


Schumer Statement on Tenure of Janet Yellen and Nomination of Jerome Powell for Federal Reserve Chair

November 2, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding President Trump's nomination of Jerome Powell to be the next Chairman of the Federal Reserve: "Chair Yellen helped steer our economy with precision, transparency, and remarkable intellect, so it's hard to understand why the administration would elect to make her the first fed chair in decades to not be re-nominated for a second term. In my view, her sure hand, and the steady growth and low inflation more...


Schumer Statement on Reports of Emerging Republican Tax Plan

November 1, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement regarding emerging details of the GOP tax plan ahead of its release: "Every American who is struggling to save for retirement should shudder at these reports. "If true, Republicans will be hiking taxes on middle-class Americans' retirement savings all so that they can line the pockets of the wealthy and biggest corporations. "Republicans also seemed poised to end the deductibility of state income and sales more...


Schumer Responds to President Trump - Urges President to Focus on Real Solution & Rescind Proposed Anti-Terrorism Funding Cuts

November 1, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to President Trump's proposed funding cuts to anti-terrorism efforts: "I have always believed and continue to believe that immigration is good for America. President Trump, instead of politicizing and dividing America, which he always seems to do at times of national tragedy, should be focusing on the real solution - anti-terrorism funding - which he proposed cutting in his most recent more...


Schumer Statement on Act of Terror in New York

October 31, 2017

Washington, D.C. - U.S. Senator Chuck Schumer, following a briefing from FBI officials, released the following statement on today's act of terror in New York City: "First and foremost our thoughts are with the victims and their families. As one of thousands of New Yorkers who regularly rides on the path where this attack took place, I'm particularly grateful to the NYPD and first responders who work day in and day out to keep us safe, and to those that responded to the scene today. "As the more...


Schumer Statement on Chairman Brady’s Plan to End Deductibility of State Income Tax

October 31, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement after House Ways and Means Committee Chairman Kevin Brady said the GOP tax plan will end state income tax deductions: "Chairman Brady is now making clear that the Republican tax plan will double tax the income of millions of Americans. If any American needed more proof this bill would be a boon for the wealthy at the expense of the middle class, they should look no further than this provision. "Republicans more...


Senate Dems Unveil Plan To Expand 401k Retirement Savings Opportunities For Americans – As GOP Sets To Unveil Tax Proposal That Would Harm Millions Of Working Americans, Dems Urge Republicans To Expand Retirement Opportunities For Middle Class

October 31, 2017

Washington, D.C. - U.S. Senate Democratic Leader Charles E. Schumer, U.S. Senator Ron Wyden (D-OR), Ranking Member on the Senate Committee on Finance, U.S. Senator Debbie Stabenow (D-MI), member of the Senate Committee on Finance and Chair of the Senate Democratic Policy and Communications Committee, U.S. Senator Maria Cantwell (D-WA), member of the Senate Committee on Finance, and U.S. Senator Sheldon Whitehouse (D-RI), member of the Senate Committee on the Budget, today unveiled their plan more...


Schumer Statement on Special Counsel Investigation Indictments

October 30, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to the recent indictments of former Trump campaign chairman Paul Manafort and Rick Gates: "These reported indictments show that the special counsel's probe is ongoing in a very serious way. The rule of law is paramount in America and the investigation must be allowed to proceed unimpeded. "The President must not, under any circumstances, interfere with the special counsel's work in any way. If he more...


Schumer Announces Hold on Two Department of Commerce Nominees Over the Trump Administration’s Stalled Action on Steel & Aluminum Imports

October 27, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to the Administration's stalled action on steel and aluminum imports: "President Trump repeatedly promised to champion fair trade policies and crack down on predatory trade practices from countries like China that massively subsidize their steel and aluminum products and hurt American workers. So, many Democrats in Congress and I welcomed the administration's announcement of Section 232 national more...


In New Letter, Senate Dems Demand Administration Kick Into High Gear On-Going Power Restoration Efforts In Puerto Rico & US Virgin Islands – Administration’s Current Lack Of Coordination, Failure To Move Quickly, And Absence Of A Clear Chain Of Command Is Threatening Efforts & Jeopardizing Health And Safety Of Local Communities

October 27, 2017

Washington, DC - U.S. Senate Democrats today released a new letter to administration officials demanding agencies expedite and better coordinate the on-going power restoration efforts in Puerto Rico and the US Virgin Islands. The Democrats said the administration's current lack of coordination with local officials, clearances for crews to begin their restoration work, lack of materials and support services, and a clear chain of command on the ground is threatening recovery and rebuilding more...


Schumer Statement on House Passage of the FY2018 Budget

October 26, 2017

Washington, D.C. - U.S. Senator Chuck Schumer today released the following statement in response to the House passage of the FY2018 budget: "The Trump Republican budget takes a sledgehammer to Medicare and Medicaid while greasing the skids for a tax bill that would raise taxes on middle class families while giving the wealthy and giant corporations a tax break and blowing a huge hole in the deficit. "The struggle Republicans had in passing the budget shows how uncomfortable many of them are more...

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