Larson: Tax Plan is a Threat to Medicare and Social Security
Washington D.C. – Rep. John B. Larson (CT-01), the Ranking Member of the Social Security Subcommittee on the Ways and Means Committee made the following statement on the impact the proposed Republican tax plan will have on hard-working Connecticut families, and their intention to cut Medicare and Social Security to pay for it.
“As I stated yesterday, this tax plan is a veiled way of achieving an old Republican goal of shrinking the budget to make cuts to Social Security and Medicare at the expense of seniors. In less than 24 hours, this was confirmed on MSNBC’s Morning Joe, when the Republican Chairman of the Ways and Means Committee, said, ‘tax reform alone, won’t get us to a balanced budget, we have to have spending constraints along with that. As I know, as House Republicans, we are turning toward welfare reform and how we tackle our entitlements in a way to save them.’ Not only will hard working, middle-class families see their individual deductions eliminated in this tax plan, but the Republicans intend on using the hard earned money that people paid into the Medicare and Social Security programs to cover those costs. This tax plan is preposterous. It does not matter which political party you belong to, or which town you are from, because if you are a resident of Connecticut, you will be picking up the tab for this tax plan. To add insult to injury, they intend to attack the bedrock programs of Social Security and Medicare to pay for it. Whether your party is red or blue or even green, this tax plan is color blind and will ensure that families, small businesses and seniors pay more above all else,” said Larson.
Larson will be holding a Facebook Town Hall this Sunday at 7 pm to answer questions and discuss the details and the effects this plan will have on Connecticut residents.