JD Vance Backs Trump’s Anti-Worker Project 2025 Agenda to Put Wall Street Over Main Street
July 17, 2024
FACT: Vance backs Trump’s Project 2025 agenda that includes giving handouts to the ultra-wealthy (again) at the expense of working Americans and risks supercharging inflation.
Vance: “I’ve reviewed a lot of [Project 2025]. There are some good ideas in there.”
Vance on Trump’s plan that would raise tariffs to kill the income tax for wealthiest Americans and raise costs for hardworking families: “This is a fascinating proposal and we could talk for a while about it.”
Trump: “You’re all people that have a lot of money … You’re rich as hell. … We’re gonna give you tax cuts.”
Vanity Fair: “Donald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term: Report”
CBS News: “Two years after Trump tax cuts, middle-class Americans are falling behind”
The Guardian: “Donald Trump’s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.”
Axios: “Sixteen Nobel prize-winning economists are jumping into the presidential campaign with a stark warning: Former President Trump’s plans would reignite inflation and cause lasting harm to the global economy if he wins in November.”
Project 2025: “The corporate income tax rate should be reduced to 18 percent.”
The Atlantic: “Trump’s Plan to Supercharge Inflation”
FACT: Vance opposes legislation that protects unions, standing firmly against working people.
Politico: “Vance has consistently opposed the PRO Act, the ‘holy grail of pro-union labor reform’ that organized labor and its allies on the Hill have been fighting for over two years to get passed.”
FACT: Vance has railed against Social Security and Medicare and criticized the Affordable Care Act, which Trump is pushing to “terminate.”
Vance: “[Social Security and Medicare] are the biggest roadblocks to any kind of real fiscal sanity.”
Vance: “The way forward is as obvious as it is politically difficult: … reform current entitlements and avoid enacting new ones.”
Vance, in a New York Times Op-Ed: “It is true, as Republicans argue, that health care costs too much. And it is also true that Obamacare has failed to take care of this problem.”