As your constituent, I am urging you to reject proposals to create a debt commission that narrowly looks to cut funding to critical human needs programs—including Social Security, Medicare, Medicaid, and SNAP. If Congress is serious about tackling the national debt, you would make the ultra-wealthy and multi-billion dollar corporations start paying their fair share in taxes, not cut funding for nutrition, health, and other programs that prevent children from going hungry.
Corporate profits reached $2.8 trillion in 2021, but the corporate income tax is so low it provides only 10 percent of federal revenue. Eliminating tax breaks on capital gains for multi-millionaires could bring in hundreds of billions in revenues. Every year, the richest 1% evades $160 billion in taxes, according to the Treasury Department. That’s money that could have assured adequate funding for WIC and SNAP to help families put food on the table, while expanding access to child care and health coverage. And it could also be used to reduce the deficit.
Please do what is morally right and politically popular and increase—don’t cut—funding for human needs programs while committing to raise revenues by rejecting backdoor attacks via a lopsided fiscal commission. Thanks.
First sent on November 6, 2023 by Jess Craven
