John,

This week, the House is expected to vote on a debt-limit-and-budget-cut package agreed upon by President Biden and Speaker McCarthy. The federal government would never have gotten so close to a catastrophic default if Republicans had simply passed a clean debt-limit increase months ago. Nor would they have needed any budget cuts to lower future debt if House Republicans had simply agreed to sensible tax reform that closes loopholes and demands more from the rich and corporations.

But thanks to you, this agreement is much better than what the radical House GOP wanted. While the deal may redirect $20 billion of beefed-up IRS funding, which we won last year to modernize the IRS and crack down on wealthy tax cheats, it still leaves the vast majority of that funding untouched.[1] House Republicans wanted to eliminate nearly all of it.

Thanks to you, we also stopped cuts and additional red-tape requirements being applied to Medicaid, protecting the healthcare of 21 million people who would have otherwise lost coverage.

With the fight over the debt ceiling seemingly winding down, the fight over tax cuts for the wealthy and corporations is just heating up. Republicans have indicated that once they’ve passed the debt ceiling deal, the next item on their agenda is to introduce legislation that makes expiring or already-expired portions of the Trump tax scam permanent―adding $3.5 trillion to the national debt over the next decade.[3]

Congressional Republicans clearly don’t care about our national debt—they just care about shielding their rich friends and donors from paying their fair share of taxes. And that’s the message we need to deliver to the American people.

Fight back against GOP attempts to reward their millionaire and billionaire campaign contributors. Donate today to stop the Republican plan to make the entire Trump tax scam permanent!

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Republican cuts to services have nothing to do with lowering our country’s debt. These cuts that will cause such harm to working people are meant instead to partially pay for tax cuts for the wealthy.

Thank you for fighting for a future that invests in working people and demands the wealthy and corporations pay their fair share.

David Kass
Executive Director
Americans for Tax Fairness Action Fund

[1] “New Details in Debt Limit Deal: Where $136 Billion in Cuts Will Come From,” New York Times, May 29, 2023
[2] “Debt Ceiling Deal Includes New Work Requirements for Food Stamps,” New York Times, May 29, 2023
[3] “Budgetary Outcomes Under Alternative Assumptions About Spending and Revenues,” Congressional Budget Office, May 16, 2023