Maloney Votes No on GOP Budget
WASHINGTON, DC—Congresswoman Carolyn B. Maloney (NY-12), House Ranking Member of the Joint Economic Committee (JEC), today voted against the Republican FY2018 budget legislation that strips healthcare from millions and paves the way for the GOP’s lopsided tax plan which would hurt New Yorkers.
“Today, House Republicans rammed through a budget that would rip away health care from millions of people and raise taxes on New Yorkers, in order to pass a lopsided, trickle down tax proposal that will bust the budget and devastate our economy. Our country and New York deserve a far better deal from their Congress.
“How can we say we represent the needs and wants of the American people with a budget that will cause pain to children, students, and veterans? The GOP budget passed today cuts spending from programs that help people who need help the most, including food assistance programs, college tuition assistance to low-income families, and disaster relief funds. This budget slashes Medicare and Medicaid and repeals the Affordable Care Act even though the American people have made it clear that they don’t want to see it repealed.
“This budget also paves the way for Republicans to repeal the State and Local Tax Deduction (SALT), which would be devastating for New York. In 2015, 35% of New Yorker households claimed SALT deductions, nearly half of them earned between $50,000 and $75,000 per year. If this deduction is repealed, New Yorkers will pay an average of $5,300 more in federal income tax. We’re already the largest donor state in the nation, sending $48 billion more in taxes to the federal government than we received back in 2015. Ending SALT would exacerbate that gap while also double-taxing millions of New Yorkers.
“Our constituents and our country deserve far better than this Republican budget. In the coming weeks, I will be doing all I can to defeat the Republican tax plan that is expected to be unveiled in the near future.”