12.01.17

Joint Statement from Leader McConnell and Speaker Ryan on Misleading Democrat Claims About Tax Reform

‘Critics of tax reform are claiming the legislation would lead to massive, across-the-board spending cuts in vital programs—including a four percent reduction in Medicare—due to the Pay-Go law enacted in 2010. This will not happen.’

WASHINGTON, D.C. – Senate Majority Leader Mitch McConnell (R-KY) and House Speaker Paul Ryan (R-WI) released the following statement on misleading Democrat claims that tax reform would lead to cuts in vital programs:

“Critics of tax reform are claiming the legislation would lead to massive, across-the-board spending cuts in vital programs—including a four percent reduction in Medicare—due to the Pay-Go law enacted in 2010. This will not happen. Congress has readily available methods to waive this law, which has never been enforced since its enactment. There is no reason to believe that Congress would not act again to prevent a sequester, and we will work to ensure these spending cuts are prevented.”

Related Issues: Taxes, Senate Democrats