Van Hollen: The ‘Only Taxpayers Who Are Coming First’ in Trump’s Budget Are the ‘Very Wealthy’

‘If you’re in rural America, it cuts the whole rural economic development plans that have been put in place’

EXCERPT:

VAN HOLLEN: "Well, the only -- the only taxpayers that are coming first in this budget, Willie, are the very wealthy. Because it actually includes the tax cut from the House Health Care Reform Bill that’s embedded in that. So you’re going to get a windfall tax break if you’re very wealthy, but if you’re a student trying to pay your bills to go to college, you’re going to see your student loans cut. If you’re in rural America, it cuts the whole rural economic development plans that have been put in place. Cities same thing, community development block grants, it really goes after much of the investment we make to try to empower more of our citizens to help small businesses. So yes, if you’re at the very top of the income scale, if you are the top 1 percent, you’re going to get a tax cut. But everybody else will suffer."

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