U.S. Senator Tammy Baldwin Introduces Amendment to Prohibit Tax Cuts from Increasing the Deficit
"I just do not think it’s right to make the middle class pay for tax breaks for the top 1%..."
WASHINGTON, D.C. – U.S. Senator Tammy Baldwin has offered an amendment for the Fiscal Year 2018 budget votes that will happen in the Senate today. The Baldwin amendment would prohibit the Republican plan to cut taxes for millionaires and big corporations from increasing the deficit.
“Wisconsin families need a tax break and that’s what I’m working for. But this budget resolution fast tracks huge tax breaks for the wealthiest few, blows a huge hole in the deficit and puts Medicare and Medicaid on the chopping block to pay for it,” said Senator Baldwin. “I just do not think it’s right to make the middle class pay for tax breaks for the top 1% with rising deficits and cuts to Medicare and Medicaid.”
“The entire reason Reconciliation was created was for deficit reduction. For that special, protected, fast track process to be used to increase the deficit stands logic and its history on its head. It is past time to restore the Reconciliation process to its original purpose which was exclusively for deficit reduction. I applaud Senator Baldwin and her allies in this effort as truly fiscally responsible members,” said former Senator Conrad.
“The reconciliation process was designed to make it easier to advance legislation in order to address our nation’s fiscal challenges. It should not be used to rush through a bill to blow a hole in the deficit,” said Maya MacGuineas, President of the Committee for a Responsible Budget. “The amendment offered by Senator Baldwin would restore a shield to prevent reconciliation from being used to add to the debt. It is fiscal common sense and important especially now as lawmakers confront growing debt.”
Senators Angus King (I-ME), Mark Warner (D-VA), Sheldon Whitehouse (D-RI), Tim Kaine (D-VA), Chris Coons (D-DE), Ron Wyden (D-OR) and Chris Van Hollen (D-MD) have all cosponsored the Baldwin amendment.
Recent Press Releases by U.S. Sen. Tammy Baldwin
As NAFTA Renegotiations Move Forward, U.S. Senator Tammy Baldwin Leads Letter to Trump Administration Calling for Strong Protections for WorkersNov 15th, 2017 by U.S. Sen. Tammy Baldwin
"Entrenched corporate special interests are fiercely lobbying against reforms that benefit American working families."
U.S. Senator Tammy Baldwin Joins Letter to FCC Chairman Raising Concerns Over Proposed Rule That Could Harm Rural Americans Who Depend on Landline ServiceNov 14th, 2017 by U.S. Sen. Tammy Baldwin
"Households and businesses in our states, and across the country, cannot afford the disruption of having service altered without adequate advance notice..."
U.S. Senator Tammy Baldwin Announces Transportation Funding for Wisconsin Counties Affected by 2016 FloodNov 13th, 2017 by U.S. Sen. Tammy Baldwin
The announcement comes after Senator Baldwin called on the Department of Transportation to make emergency funding available for Western and Northern Wisconsin Communities