Quantcast
Connect with us

‘We haven’t yet discovered magic’: Rep. Ted Lieu says Trumpcare and tax plan have ‘bigly’ flaw — math

Published

on

Rep. Ted Lieu (D-CA) on Wednesday explained that both of President Donald Trump’s plans to reform health care and the tax code will be disastrous for Americans because the math simply does not add up.

In a statement published to his Congressional website, Lieu suggested that Trump was not living in “the real world” if he thought cutting corporate tax rates to 15 percent would not grow the national debt.

ADVERTISEMENT

“I can explain in one word why the Trump tax plan and Trumpcare are both disasters: math,” the congressman opined. “No matter how hard the President and Republicans spin it, 2 + 2 will never equal 5.”

“Despite this mathematically impossible spin, a cold, hard fact remains: the Trump tax plan does not pay for itself,” he continued. “America is a great nation, but we haven’t yet discovered magic. In the real world, the rules of math always apply.”

According to Lieu, Trump’s plan to slash “the business tax rate to 15% without offsetting revenue increases – will blow a ‘bigly’ hole in our nation’s budget, federal deficit and federal debt.”


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

‘A coward and a commander’: New Lincoln Project ad contrasts Trump with James Mattis

Published

on

On Friday, the conservative anti-Trump group The Lincoln Project released a new attack ad against President Donald Trump — this time using the criticism of his former Defense Secretary James Mattis, and comparing and contrasting their leadership ability.

"This is the story of a coward and a commander," said the ad's narrator. "The coward Trump dodged the draft. Jim Mattis led American troops for forty years. While a frightened Trump hides from protesters in a deep bunker firing off tweets, Jim Mattis does what he's always done: Leads. While Donald Trump angrily attacks, General Mattis' words deserve to be heard by every American."

Continue Reading

Breaking Banner

NFL Commissioner Goodell apologizes for league’s indifference to players’ protests against racism

Published

on

On Friday, CNN reported that National Football League Commissioner Roger Goodell is acknowledging his organization turned a blind eye when his athletes took a knee to protest racism and police violence, and issued a formal apology.

"We, the National Football League, admit we were wrong for not listening to NFL players earlier and encourage all to speak out and peacefully protest," Goodell said in a newly released Instagram video. "It has been a difficult time for our country. In particular, black people in our country. First, my condolences to the families of George Floyd, Breonna Taylor, Ahmaud Arbery, and all the families who have endured police brutality."

Continue Reading
 

Breaking Banner

Maxine Waters calls for Trump’s Cabinet initiate the 25th Amendment ‘before this would-be dictator takes us all down’

Published

on

Rep. Maxine Waters (D-CA) called for Donald Trump to be removed from office on Friday.

"Is there one brave member of Trump’s cabinet who would move to initiate the 25th Amendment to remove him from office?" Waters asked on the president's favorite social networking platform.

The 25th Amendment would allow Vice President Mike Pence to ascend to the presidency if a majority of Trump's cabinet declares "the president is unable to discharge the powers and duties of his office."

"Now is the time to save our country before this would-be dictator takes us all down!" Waters warned.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image