FOR IMMEDIATE RELEASE:
November 16, 2017
Contact: Sarah Schultz, firstname.lastname@example.org, 202-734-6510
Senate Tax Plan Should Help Young People, Not the Wealthy
[WASHINGTON]–Today, the House of Representatives voted 227-205 to pass a tax bill that would eliminate $65 billion of investments in higher education, in conjunction with many other important supports for low- and middle-income young people, to pay for permanent, deficit-increasing tax cuts for corporations and the wealthiest Americans. Reid Setzer, Government Affairs Director of Young Invincibles, released the following statement in response to the vote:
“Students and borrowers are graduating with skyrocketing sums of student debt. It is appalling that Republicans in Congress think that the solution to this problem is to cut investments in higher education to pay for tax cuts for wealthy corporations. The Senate has and should continue to reject the House’s higher education cuts. But the Senate tax plan is also flawed: it fails to boost support for students and families who are struggling to pay for college, and uproots our health care system by increasing premiums and driving up the number of uninsured. Congress should keep their promise to help families get ahead. This plan misses the mark.”
Young Invincibles’ Higher Education Tax Agenda to support students and loan borrowers can be found here.