Adams Statement on Ryan-McConnell Tax Plan

Washington, D.C.—Today, Congresswoman Alma Adams (NC-12) released the following statement after House Republican leadership announced the so-called "Tax Cuts and Jobs Act".

"The Ryan-McConnell tax plan isn't tax reform, it's a tax cut for the wealthy that leaves working families behind," said Congresswoman Adams. "This bill, cobbled together by Republican leadership under the cloak of darkness, repeals key deductions that families depend on such as medical expense, student loan interest, state taxes, and personal exemptions, to pay for a 15% tax cut for corporations. To make matters worse, this plan borrows from our future by adding $1.5 trillion to the deficit in the next decade, saddling future generations with more debt. This plan is bad for the middle class; I urge my colleagues in the House to stand with American families and vote against this disastrous plan."