A Monday tweet from President Donald J. Trump pointed out that a new bill from Demmocrats may be good news for Republicans ahead of the midterm elections.
Trump tweeted: A Democratic lawmaker just introduced a bill to Repeal the GOP Tax Cuts (no chance). This is too good to be true for Republicans…Remember, the Nancy Pelosi Dems are also weak on Crime, the Border and want to be gentle and kind to MS-13 gang members…not good!
According to Business Insider: WASHINGTON — As the new tax cuts ushered in solely by Republicans begin to take effect, one Democratic congressman is unveiling a repeal plan, signaling that President Donald Trump’s primary opposition is serious about reversing his signature legislative achievement.
Rep. Jared Polis of Colorado plans to introduce the Students Over Special Interests Act on Wednesday. The legislation, according to a summary viewed by Business Insider ahead of its introduction, would repeal the new tax law and redirect the taxpayer dollars toward erasing the $1.4 trillion in student-loan debt and investing in Pell grants. It will be the first piece of legislation aimed at unraveling the new tax law.
“The Republican tax plan was all about special interests cashing in at the expense of everyone else. My plan shows what a difference we can make for middle-class Americans for even less cost,” Polis said in a statement obtained by Business Insider. “So many people go to school, get a job, and work hard but still struggle to get ahead because they are weighted down by student loans. It’s time to help them get out from the mountain of debt they are under.”
“The good news is if we repeal the Republicans’ sweetheart deals for corporations, we can cancel out all student-loan debt, make college more affordable for future students, and still have money left over to reduce our deficit,” said Polis, who serves as the ranking Democrat on the House Education and Workforce Committee’s subcommittee on Higher Education and Workforce Development.
A Democratic lawmaker just introduced a bill to Repeal the GOP Tax Cuts (no chance). This is too good to be true for Republicans…Remember, the Nancy Pelosi Dems are also weak on Crime, the Border and want to be gentle and kind to MS-13 gang members…not good!
— Donald J. Trump (@realDonaldTrump) May 28, 2018