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Pelosi: Plan B Sends Bill to America's Children and Grandchildren to Give Tax Breaks to Millionaires

Washington, D.C. – House Democratic Leader Nancy Pelosi held her weekly press conference earlier today to discuss Speaker Boehner’s so-called ‘Plan B’.  Below is a link to the full video of the press conference and selected excerpts:   

VIDEO:

Pelosi on Plan B:

"As we gather here this afternoon on the floor of the House, the Republicans are bringing to the floor Plan B.  As I’ve said to you before, Plan B is to send a bill to your children and grandchildren in order to give a tax cut to the wealthiest people in our country, and still those making over a million dollars get a $50,000 tax cut, we’ll add nearly a half a trillion dollars to the deficit.  A half a trillion dollars to the deficit.  Again, 25 million working families, under this Plan B, will pay an average $1,000 more in taxes.  Some of that by harming the Child Tax Credit, and other provisions, others of it in this bill that comes up after this – their bill, their reconciliation bill – more than 20 million children will have reduced food and nutrition benefits.  Merry Christmas to you and yours.  1.7 million seniors will lose Meals on Wheels.  Happy Holidays to you…"

GOP Bills to Nowhere – Time for Action:

"…But at a time when we’re focused on families, why are they doing this – tax cuts for the wealthy paid for by the middle class, with sacrifices from our children and our seniors.  Enough is enough.  It’s time for the Republicans to end their bills to nowhere, cause that’s exactly where this bill will go, and to do something real.  We must reach a big, bold, balanced agreement that creates jobs, grows the economy, strengthens the middle class, and reduces the deficit.  We must reach an agreement that will avoid the sequestration, stop us from going over the cliff, stop any consideration of our credit rating being undermined, the list goes on and on as to why what we’re engaged in right now doesn’t make sense."