this week the Speaker of the House announced that he wants to give a $300 billion tax cut to the wealthiest people in this country. This is a disgrace. But the story gets worse, much worse. Today Republicans are going to try to pay for those tax breaks by taking money from poor people in public housing. Today in the Committee on Banking and Financial Services we will debate H.R. 2, a bill that abandons our Government's commitment to housing the very poor. Under H.R. 2 many poor families will end up spending more of their income on housing or be forced into homelessness. Meanwhile, people making over $350,000 a year will get a tax break. Mr. Speaker, is this what the Republicans stand for: Giving tax breaks to the rich while throwing poor children onto the street? H.R. 2 is extremely unfair and must be stopped.
Nydia M. Velazquez: “this week the Speaker of the House announced that he wants to give a $300 billion tax cut to the wealthiest people in…”
Editor's note · Context
Addressing the impact of proposed tax cuts and housing policy on low-income families.
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