On Senate Floor, Portman Says Democrats’ Massive Tax Hikes Will Destroy Jobs, Undermine U.S. Economy
September 15, 2021
WASHINGTON, DC – Today, U.S. Senator Rob Portman (R-OH) delivered remarks on the Senate floor outlining his opposition to the $2 trillion worth of tax hikes Democrats are proposing in order to help pay for their reckless $3.5 trillion spending spree. Portman explained how these tax hikes will undermine economic growth, kill jobs, send businesses overseas, and ultimately hurt American families and workers.
Portman also touted the effectiveness of the 2017 Tax Cuts and Jobs Acts – highlighting the legislation’s role in fueling the pre-COVID opportunity economy, which saw strong wage growth, a 50-year low in unemployment, and the lowest poverty rate on record.