INDIANAPOLIS–Senate Democratic Leader Tim Lanane (D-Anderson) issued the following statement after the United States Congress approved a deeply unpopular tax overhaul bill earlier today.
“I am dismayed that D.C. Republicans used their tax bill to raise costs on everyday Hoosiers while issuing permanent tax breaks to the wealthiest in our state. I cannot support a bill that increases the federal deficit by $1.4 trillion to pay for tax cuts for billionaires and corporations, putting the burden of debt on the next generation.
“This bill causes further harm by increasing the number of people without health insurance and raising premiums for those with insurance. Older Hoosiers will see reduced access to care because the bill cuts Indiana Medicare funding by $519 million. This is an outright attack on working people in Indiana. Indiana Senate Democrats will continue our fight to make Indiana a place where all families can afford to live.”