Pelosi Statement on Senate Vote Blocking the Buffett Rule

Contact: Nadeam Elshami/Drew Hammill, 202-226-7616

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today after Senate Republicans blocked the ‘Buffett rule,’ a measure included in the House Democratic alternative to the Ryan Republican budget, which would restore fairness to our tax code, protect the Medicare guarantee, and reduce the deficit:

“Tonight, Senate Republicans voted against the so-called ‘Buffett rule’ which would restore fairness by fixing a stark tax inequity. Tomorrow, House Republicans will again pass their devastating budget that gives massive tax breaks to millionaires and ends the Medicare guarantee. Later this week, House Republicans will act to benefit their special interest friends by putting forward legislation that adds $46 billion to the deficit and does not require the creation of one single job.

“Once again, Republicans are giving away billions of dollars to millionaires at the expense of middle class Americans.

“Democrats will continue to work to create jobs, strengthen small businesses, and bolster America's middle class, while supporting a balanced approach to reduce the deficit.”

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