Postponed GOP health care bill was a huge $600 tax giveaway to the rich and insurance & prescription drug corporations at the expense of health care for 24 million Americans
WASHINGTON, D.C.—Americans for Tax Fairness Executive Director Frank Clemente made the following statement in response to U.S. House leadership postponing the vote on the Republican plan to repeal and replace the Affordable Care Act:
“The House postponed a vote on a bill that is immoral and shocking in its cruelty. It would have taken away health care from 24 million Americans to give $600 billion in tax breaks, mostly to the wealthy and profitable corporations.
“Ultimately, the House leadership could not win enough support for a plan to give each of the nation’s 400 richest families a $7 million tax cut every year while denying health insurance to tens of millions of Americans.
“Instead of standing up for patients and consumers, the members of Congress who supported this bill are on the side of the giant insurance and prescription drug corporations.
“Ultimately, this misguided bill would have increased economic inequality. It would take health care away from low- and moderate-income Americans and transfer resources to the wealthy and big corporations.”
Americans for Tax Fairness is a diverse coalition of 425 national and state endorsing organizations that collectively represent tens of millions of members. The organization was formed on the belief that the country needs comprehensive, progressive tax reform that results in greater revenue to meet our growing needs. ATF is playing a central role in Washington and in the states on federal tax-reform issues.
TJ Helmsetter, Communications Director, Americans for Tax Fairness