December 02, 2017

Manchin Votes No on Flawed, Rushed Tax Plan

Washington, D.C. – U.S. Senator Joe Manchin (D-WV) released the following statement on his vote against the flawed, rushed Senate tax plan.  

“For the last several months I have tried to work with my Republican colleagues on a tax plan that works for the people of West Virginia because I believe in tax cuts. I visited the White House with my Republican colleagues to meet with President Trump, I assembled meetings with his economic team and my Senate colleagues, and I offered idea after idea to try to make this bill bipartisan. I took this seriously, because tax reform is too important to be done on party lines, and anything that is done in such a strictly-partisan way is not good for West Virginia or the country as a whole. Despite my efforts, this bill does not work for West Virginia: It hurts our seniors, leaves the middle class paying more, and tilts the playing field against small businesses while irresponsibly adding to our growing $20 trillion national debt. 

“Let me be clear, I support sustainable tax cuts to grow our economy and raise wages, but this rushed bill is nothing more than a sugar high with an old fashioned bait and switch, where 79% of West Virginians will end up paying more in just a few years. It hurts seniors by triggering a $25 billion cut to Medicare next year. It hurts families by raising the average healthcare cost for a family of four by nearly $2,000 each year. It hurts students and their families by ending itemized deductions they rely on. It hurts our historic cities who rely on historic credits to revitalize Main Street and create jobs. It hurts our grandchildren by adding $1.5 trillion to our already staggering debt. And as our deficits continue to grow it significantly harms our military readiness, the ability to equip our National Guard to respond to domestic emergencies, and ability to properly care for our Veterans.  Today, I am rejecting this flawed and rushed bill, because I cannot in good conscience vote for legislation that hurts West Virginia families, seniors, students, teachers and business owners.”