CBO Commits to Provide “True Cost” Analysis of Reckless Tax and Spend Bill Over Ten Years
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the Congressional Budget Office (CBO) committed to providing an extended ten-year analysis of the provisions in the Democrats’ Reckless Tax and Spend bill. “I’m very pleased CBO will be scoring Build Back Better on the premise that […]
Graham: Dems’ Reckless Tax and Spend Bill is a Fraud
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today hosted a briefing on the Democrats’ Reckless Tax and Spend bill. Senators heard presentations from the Penn Wharton Budget Model and the Committee for a Responsible Federal Budget (CRFB) and participated in a Q&A session. GRAHAM: “I want to put a fine point […]
Graham Statement on House Passage of Reckless Tax and Spend Bill
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the House of Representatives passed the Democrats’ Reckless Tax and Spend bill. “This House bill, which is a disaster for the American people, is dead on arrival in the U.S. Senate. “It’s an inflation bomb for hardworking […]
ICYMI: Bipartisanship Achieved! Dems Blast Dems’ Own Tax Proposals: “Bad Policy, Bad Politics”
WASHINGTON – Under the latest version of the Democrats’ Reckless Tax and Spend bill, the non-partisan Joint Committee on Taxation (JCT) analysis confirms it gives tax breaks to the wealthy. Democrats are even taking issue with tax provisions their fellow Democrats pushed to include in the multi-trillion dollar bill. FROM THE DEMOCRATS: Chairman of the […]
In Case You Missed It: Dems Double Down on Tax Cuts for Millionaires as Inflation Surges
WASHINGTON – As the House of Representatives considers the Democrats’ multi-trillion dollar tax and spend proposal this week, the non-partisan Joint Committee on Taxation (JCT) found that the bill would provide almost seventy percent of millionaires with significant tax breaks. JCT’s analysis joins with an earlier study by the Tax Policy Center that showed two-thirds […]
Graham on New Estimate on Budget Gimmicks and Shell Games in Democrats’ Socialist Spending Bill
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement on the Committee for a Responsible Federal Budget’s (CRFB) estimate that the Democrats’ Reckless Tax and Spend bill would cost $4.9 trillion if certain provisions were made permanent. Graham has previously noted the Reckless Tax and Spend bill […]
Graham on Biden Economic Agenda: Tax Cuts for the Rich, Inflation for the Middle Class
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today reacted to a report from the Tax Policy Center on the Democrats’ tax proposals in the latest version of their Reckless Tax and Spend legislation. Graham noted that under the Biden Administration and Congressional Democrats’ plan, changes to the State and […]
Smith, Graham Call for CBO Score on True Cost of Democrat Tax & Spending Bill
WASHINGTON – In a letter today to the Congressional Budget Office (CBO), the top Republicans on the House and Senate Budget Committees pushed the agency to provide a true cost estimate of the Democrats’ tax and spending reconciliation bill if provisions within the bill were made permanent, as is the intent of Democrats. House Budget […]
Graham: “I Will Do Everything I Can To Stop” Dems’ Reckless Tax and Spend Bill
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today spoke with members of the media about the Democrats’ Reckless Tax and Spend bill. GRAHAM: “This reconciliation bill is a fraud. It’s going to be pouring gasoline on the inflation problems we have in the country and it rewards special interests at the […]
Graham on Democrats’ Sweetheart Union Deal Disguised as Electric Vehicle Tax Credit
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on Democrats’ touting a sweetheart union deal in the form of an additional $4,500 tax credit for people who buy electric vehicles made by unions, which they hope to include in the reckless taxing and spending bill. “Electric cars have […]