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Pelosi Statement on CBO Report on GOP Tax Scam Accelerating Debt Limit Date

January 31, 2018

Contact: Ashley Etienne/Henry Connelly, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement after the Congressional Budget Office released a report advising Congress to raise the debt ceiling earlier than anticipated to account for lost revenue due to the GOP Tax Scam:

"Already, the dire effects of the GOP Tax Scam's giveaways are being exposed. Far from paying for itself, as Republicans promised, the GOP's fevered push to pad the pockets of corporations and the wealthiest one percent is exploding the deficit.

"With full control of the House, Senate and White House, Republicans have revealed their contempt for fiscal responsibility and their utter incompetence in governing."

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