Washington, D.C. - Congressman Adam Smith released the following statement after voting against the budget passed by the House of Representatives today:
October 26, 2017
“Today’s budget vote is the height of irresponsibility. The resolution passed today is not a legitimate budget. It is the vehicle for reckless tax cuts that will drive up the deficit and overwhelmingly benefit the wealthiest Americans. Tax cuts for the rich will do little to stimulate our economy or help the middle class. Since 2001, the Bush tax cuts have cost us trillions in lost revenue, and produced virtually no economic growth. Another tax cut now will only further jeopardize our economic and national security. Republicans are not sincere about reforming our tax code to help the middle class – their tax framework shows their priority is helping the few at the top.
“We have real fiscal issues that need to be addressed. We have skyrocketing debt and insufficient investment in priorities such as education, infrastructure, and nutrition assistance. Crafted without Democratic input, the Republican budget bill is a clear attack on those critical programs that working families, veterans, and seniors rely on. The trillions of dollars of tax cuts Republicans are pushing through Congress will only serve to increase the rampant inequality that is already on the rise in our country.”