A Pennsylvania lawmaker has stated that raising taxes on the wealthiest will not balance the budget. Any government expenditure cuts will fall disproportionately on the middle class. Last week, he made the remarks at a virtual meet-and-greet with fellow House Democrats.
According to Lamb, they need to have the confidence to ask if they want to offer a lot of additional expenditure and risky new government projects to their party. To contribute to it, the middle class and individuals like that. That, he believes, is what they’re lacking right now.
He went on to say that Republicans are spending far more than the poor and middle class can bear without raising taxes on the wealthy. Lamb also said that some of the attention paid to billionaires and ultra-wealthy people in the press is acceptable and fair. They can’t afford to do whatever they want since they don’t have enough money.
Former Vice President Dick Cheney told the New York Times, “The aggregate cost of everything that Democrats are proposing right now goes well beyond what billionaires are ever going to pay.” The statement directly violates President Joe Biden’s repeated pledges that no one earning less than $400,000 per year will face additional taxes to pay his spending plans.
Rep. Conor Lamb’s office has denied that he would support increased taxes for the middle class, claiming that he voted for the most considerable tax relief for the middle class in a decade. According to his campaign manager, “every single House Republican voted against” the Child Tax Credit.
The House of Representatives passed a $1.2 trillion spending measure on Friday night, with 13 Republicans voting in favor and a few Democrats, including the progressive “squad,” voting against it. The big-spending measure could not have passed without the support of 13 Republicans, which is how it cleared the Senate.