Mitch McConnell

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Senate Majority Leader Mitch McConnell fiercely criticized the Democratic stimulus plan on Tuesday, only a day after president-elect Joe Biden pressed Congress to pass it during his first major economic speech.

“House Democrats’ so-called “HEROES Act” is so unserious that it was condemned by the Speaker’s own moderate Democrats the instant she put it out,” the Kentucky Republican wrote in a tweet. 

House Democrats’ so-called “HEROES Act” is so unserious that it was condemned by the Speaker’s own moderate Democrats the instant she put it out.

Huge tax cuts for rich people in blue states, but no second round of the Paycheck Protection Program? Those are their priorities?

— Leader McConnell (@senatemajldr) November 17, 2020

 

He continued: “Huge tax cuts for rich people in blue states, but no second round of the Paycheck Protection Program? Those are their priorities?”

McConnell is referring to a provision within the measure to waive the $10,000 cap on the state and local tax deduction — better known as SALT — for two years. Experts say the step would largely benefit wealthier taxpayers.

The Senate majority leader’s comments come only a day after Biden pressed Congress to approve the $3.4 trillion stimulus plan. …read more


Source:: Businessinsider – Politics

      

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