#us taxes

More families will be able to get more money under the newly revised Child Tax Credit, according to the Internal Revenue Service.

In Hawai‘i, where “we have more than 25,000 residents struggling to find affordable housing and work that pays for our high cost of living, this plan is a disaster.” By repealing the individual insurance mandate, health insurance premiums will rise by about 10 percent a year and 13 million more Americans will go without health insurance.

This bill is ‘Republican Party’s mission to… gut Medicare, Medicaid and Social Security to pay for trillions of dollars in tax cuts to the richest Americans and corporations.”

Before the vote, Sen. Schatz spoke out against the bill on the Senate floor, outlining the “seven worst aspects” of the tax bill.

Rep. Tulsi Gabbard released a statement after the House recently voted to move to a conference committee to resolve the differences between the House and Senate versions of the Republicans’ tax reform legislation.