Koch Brothers Prepare for Main Event

Washington, D.C.— Congressman Lloyd Doggett (D-TX), Ways and Means Tax Policy Subcommittee Ranking Member responded to the Koch network launching a multi-million dollar campaign to promote tax cuts. They kickoff their latest push at the Newseum today with Treasury Secretary Steven Mnuchin and continue thereafter with a conference: Rep. Doggett said:

"The Republican opening act of tax cuts for the superrich masquerading as health care repeal may have collapsed, but their billionaire buddies are setting the stage for the main event. Congress may have recessed for August, but billionaire special interests, who demand ever more tax breaks, never go into recess.

"Tax breaks funded by more borrowing from the Saudis and the Chinese, tax breaks that widen income inequality, tax breaks that incentivize investment abroad will not grow jobs in America.

"For the Koch Brothers, the mere millions they'll spend promoting their tax scheme will be a pittance next to the billions worth of tax breaks they hope to secure for themselves and their fellow plutocrats and multinationals."