John,
The Senate Finance Committee just endorsed the most extreme tax agenda in modern history. They want to make Trump’s tax cuts for the rich permanent and pay for them by gutting Medicaid, slashing food assistance, and hollowing out clean energy investments.[1]
And, to make matters worse, the Senate’s version of this disastrous budget includes even deeper cuts to Medicaid than the House-passed version.
This is not about fiscal responsibility. This is a massive upward transfer of wealth from working people to the richest 0.1%.
The same politicians who claim to care about debt just voted for a budget that the nonpartisan Congressional Budget Office says would add $3.4 trillion to the deficit.[2]
They are cutting roughly $1 trillion from Medicaid and the Affordable Care Act. That means healthcare for children, seniors, and people with disabilities, gone. They are slashing hundreds of billions more from SNAP. That means more empty shelves and hungry kids in the wealthiest country on Earth. This budget will push families into poverty while billionaires laugh all the way to the bank.
The GOP has no interest in balancing anything. They want to shift wealth upwards, reward their donors, and kneecap the public services that give working people a fighting chance. The Senate had the power to change course. They chose not to.
Tell the full Senate to reject this budget and the tax scam driving it. Stop the cuts to Medicaid, SNAP, and clean energy.
This isn’t just about bad numbers. It’s about who pays the price. The wealthy will walk away with more breaks, more loopholes, and fewer rules. Working families will not only receive negligible tax breaks, but will actually lose money once you factor in the attacks on food aid, health coverage, and energy assistance.
Every policy in this budget makes inequality worse. The estate tax remains hollowed out. The 20% pass-through loophole for Wall Street money managers and real estate developers lives on. The top tax rate stays artificially low. And clean energy programs are left on the chopping block while fossil fuel CEOs cash in.
We already know what this looks like. Fewer people will get care. More children will go hungry. The public services families depend on will wither away. And through it all, billionaires will rake in even more untaxed wealth.
Tell the Senate to stop this betrayal. Oppose the GOP budget and the permanent tax cuts for the rich.
Let’s end the billionaire tax scam for good.
John Foti
Legislative Director
Americans for Tax Fairness Action Fund
[1] Double Trouble: Senate Accepts Worst House Tax Provisions
[2] House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
-- David's email --
John,
The Senate Finance Committee has officially signed off on a budget that would make the Trump tax cuts permanent and strip more than a trillion dollars from Medicaid, nutrition assistance, and clean energy. They had the chance to stop this cash grab. They chose tax handouts to the rich instead.[1]
This plan delivers permanent tax breaks for millionaires and billionaires while raiding services that working families rely on. In fact, the Senate’s attacks on Medicaid are even more severe than those in the House-passed budget, while maintaining cuts to SNAP that will directly harm working families. These cuts will directly impact people’s lives: they mean hospitals closing, children going hungry, and families losing health coverage while billionaires cash in.
The tax provisions mirror the worst of the House bill. According to our independent analysis, the estate tax remains gutted. The top individual tax rate stays artificially low. Wealthy business owners get a sweetheart "small business" loophole. Clean energy investments are stripped back. This is not about growth or stability. This is a payday for the wealthy, bought and paid for with public suffering.
According to the nonpartisan Congressional Budget Office, this plan would add $3.4 trillion to the national debt while Republicans pretend to care about deficits.[2] They are trading long-term stability for short-term tax handouts. Families lose healthcare, nutrition, and energy savings. The wealthy gain more money and more power, and can pay even less attention to rules the rest of us all live by.
Tell the Senate: Stop this disaster. Reject permanent tax cuts for the rich that are paid for with cuts to Medicaid, SNAP, and clean energy.
This is not a compromise. It is a con. Working families are being squeezed while billionaires and CEOs walk off with a windfall. The GOP is choosing Wall Street over Main Street. The results will be cruel and in many cases irreversible.
Permanent tax cuts for the rich mean permanent underfunding for everyone else. Medicaid cuts will throw people off life-saving care. SNAP cuts will impose hunger on the most vulnerable. And fewer clean energy investments mean higher energy bills and a climate disaster down the line.[3] The costs of this budget are real and catastrophic.
One hundred billionaire families spent $2.6 billion to influence the 2024 election.[4] Now they are collecting. This budget delivers everything they asked for: tax breaks, deregulation, and weakened public services. The GOP is cashing in on political investments while communities pay the price.
Every senator who votes for this budget is voting to make life harder for working people. This is not economic policy. It is economic warfare.
Tell the Senate: Reject this budget and the billionaire tax scam that comes with it.
Together, we can beat back this billionaire-fueled budget assault.
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] Double Trouble: Senate Accepts Worst House Tax Provisions
[2] House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
[3] Big Oil’s Top 6 CEOs Could Have Saved Over $15 Million On Personal Returns From Just One Expiring Trump Tax Cut
[4] Billionaires Buying Elections: They’ve Come to Collect
