Dear Fred Keller
Dear U.S. Rep. Fred Keller, in regard to your Feb. 27 opinion piece, “The real cost of Biden’s stimulus plan,” I wish you had thought of these great money-saving ideas a couple years ago when Trump was ballooning our national deficit by trillions of dollars.
According to the Center for American Progress: “Throughout his campaign and since taking office, President Donald Trump has promised to stand up for working people and families. But the most far-reaching bill he’s signed into law–the Tax Cuts and Jobs Act of 2017–was a handout for corporate America and the wealthy at the expense of working- and middle-class families.
“President Trump’s tax handout is estimated to cost $1.9 trillion between 2018 and 2027, according to the Congressional Budget Office (CBO). As a result of the law, large corporations are receiving a massive tax cut–even bigger than what was originally expected. And while the law is running up federal deficits, it is having little or no positive effect on the U.S. economy, according to new research from the Congressional Research Service.”