Video: Kaine Speaks About Harmful Impacts of GOP Tax Bill
VIDEO OF KAINE’S REMARKS IS AVAILABLE HERE.
WASHINGTON, D.C. – Today, U.S. Senator Tim Kaine (D-VA), a member of the Senate Health, Education, Labor and Pensions (HELP) Committee, hosted a spotlight forum with Senator Chris Murphy (D-CT) to highlight how President Donald Trump and Republicans’ bill would make major cuts to vital programs that families rely on, including Medicaid and SNAP, in order to pay for massive tax breaks for the wealthy.
“We’re here because of the reconciliation bill … which we call the ‘Big Beautiful Betrayal.’ And my Republican colleagues are trying to pass it by a party-line vote without including us in any of the discussions about what’s in the bill. But it would be disastrous for this country,” said Kaine as he began the forum. “We’ll do everything we can to try and defeat it.”
Kaine continued, “President Trump and congressional Republicans are championing this BBB and it reflects choices – affirmative, calculated decisions about who to help and who to harm … But we don’t have to make a choice to harm middle-class and working people. We don’t have to do that. We can cut taxes for working- and middle-class families without cutting crucial programs that these families rely on. We can choose not to give additional tax breaks to those who have already been so benefitted in the past by tax breaks.
“The top 20 percent of households will receive nearly 70 percent of the tax cuts in the House bill. That is an upside-down priority,” Kaine continued. “According to the nonpartisan Congressional Budget Office … 16 million Americans nationwide will lose health care coverage under the House bill, and that includes more than 300,000 Virginians.
“According to our Joint Economic Committee, the House bill … would cut SNAP, the Supplemental Nutrition Assistance Program, by 20 percent, slashing away a crucial safety net for about 200,000 Virginians – 800,000 get SNAP benefits [in total in Virginia]. The benefits are modest – $4.70 per day – but 200,000 of those 800,000 will either have their $4.70 benefit reduced or completely eliminated,” said Kaine. “SNAP fights hunger fast. When it’s slashed, families will feel hunger a lot faster.”
Kaine continued, “If we take a second and just tally things up: the tax plan would boot millions off health care, take food from the mouths of hungry children and families, cut taxes for millionaires and billionaires, and drive up the deficit by 3 trillion, although I saw the Senate version actually knocks it up even further, maybe as high as $5 trillion. This is before you start factoring in historic and illegal tariffs that the administration is levying on the same everyday people who are suffering by these cuts,” Kaine said.
“The Yale Budget Lab found that when you factor in both the reconciliation bill and the President's tariff actions, the bottom 80 percent of American households are going to be worse off. So I truly hope my Republican colleagues will have a change of heart and rework this product, and we're sure going to give them an opportunity to do it with all the amendments that we're going to offer—very targeted amendments that will pose some really important choices for them. They could take out all of the SNAP and Medicaid cuts by scaling back the tax cuts for the wealthy, and still have a bill that costs the same as it is. This legislation is going to harm Virginians and harm Americans,” Kaine concluded.
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