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Congressman Bill Pascrell, Jr. (D-NJ-09) today spoke on the House floor and voted against H.R. 6126, the Israel Security Supplemental Appropriations Act, as House Republicans conditioned a limited Middle East aid package upon a massive millionaires’ tax windfall.
“The vote today is a dereliction and an embarrassment,” said Congressman Pascrell. “Surrendering to Russia. Weak on China. Unserious for Israel. Ignoring the humanitarian crisis. Strong for millionaire tax cheats. These are the House Republican priorities while our allies are crying out for help. Israelis, Palestinians, and Ukrainians need our help. Clear humanitarian and defensive aid is the bare minimum and Republicans cannot even provide that. This bill is a bonanza for Vladimir Putin, Xi Jinping, and all the millionaires and billionaires who want to keep cheating on their taxes and stealing from regular Americans. The funding President Biden requested for Nonprofit Security Grants to protect schools and houses of worship is nowhere to be found. Disgraceful!”
The Republican bill would rescind $14.3 billion in funding allocated to the IRS by the Inflation Reduction Act of 2022 for increased enforcement against wealthy tax evaders. The Congressional Budget Office (CBO) estimated that this rescission would decrease revenues by $26.8 billion over the next decade.
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