October 19, 2017

Senator Hassan Statement on FY 2018 Budget Resolution

Budget Resolution Paves Way for Tax Legislation that Would Hurt Middle Class Granite Staters and Americans

WASHINGTON – Senator Maggie Hassan released the following statement after voting against the Fiscal Year 2018 Budget Resolution, which paves the way for Republicans to fast-track tax legislation that would hurt hard-working Granite Staters and Americans:

“I am deeply disappointed that my Republican colleagues voted to pass a partisan budget that would hurt hard-working families by slashing critical priorities including Medicare, Medicaid and Pell Grants in order to pay for tax cuts for big corporations and the wealthiest Americans,” Senator Hassan said. “We need tax reform that is fiscally responsible and that truly supports small businesses and middle class Americans, and unfortunately this budget does neither. I will continue working across party lines to reform our tax code to drive economic growth and expand middle class opportunity for all of our people.”

Senator Maggie Hassan introduced the Middle Class Tax Break Act, legislation that would create a $1,000 Working America Tax Credit for middle class families in New Hampshire and across America who have earned income up to $200,000. The bill would also provide a $500 tax credit for individual filers who have earned income up to $100,000.