As JD Vance fundraises in Kentucky today, DNC Rapid Response Director Alex Floyd released the following statement: 

“After spending yesterday defending Donald Trump’s middle class tax hikes, today JD Vance is fundraising with more billionaire megadonors in the latest display that the Trump-Vance ticket will put the ultra-wealthy over working families at every turn. Vance and Trump are running on an extreme Project 2025 agenda that would gift more tax breaks to billionaires and big corporations, raise costs for middle class families, and supercharge inflation. Hardworking Americans can’t afford the Trump-Vance ticket’s out-of-touch plans, and won’t be buying any of it this November.” 

TODAY: JD Vance is fundraising in Kentucky with ultra-wealthy and special interest megadonors as the Trump-Vance ticket pushes an extreme Project 2025 agenda to rig the economy for billionaires and big corporations on the backs of working families and risks supercharging inflation.

Lexington Herald-Leader: “JD Vance is coming to Lexington for a Trump fundraiser hosted by Craft, Barr & Rogers”

“The fundraiser will be hosted by GOP megadonors and Lexington residents Kelly and Joe Craft.”

Vance on Trump’s plan that would raise tariffs and raise costs for hardworking Americans: “This is a fascinating proposal and we could talk for a while about it.”

New York Times: “Senator JD Vance of Ohio, former President Donald J. Trump’s running mate, denied in an interview with NBC News on Sunday that tariffs had caused higher costs for Americans, as economists have documented.”

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.”

Wall Street Journal: “A drumbeat of reports from Wall Street economists have warned that Trump’s plans could substantially slow economic growth while driving up consumer prices.”

The Atlantic: “Trump’s Plan to Supercharge Inflation”

Washington Post: “Trump and his advisers have discussed deeper cuts to both individual and corporate tax rates that would build on his controversial 2017 tax law … Further cutting corporate taxes … would primarily benefit large firms.”

Project 2025: “The corporate income tax rate should be reduced to 18 percent.”

Vance: “I’ve reviewed a lot of [Project 2025]. There are some good ideas in there.”

Washington Post: “Inside the powerful Peter Thiel network that anointed JD Vance”

“In the weeks before former president Donald Trump announced his vice-presidential pick, some of tech’s biggest names launched a quiet campaign to push for one of their own: Ohio Sen. JD Vance.”

CNN: “A day before Donald Trump’s deadline to pick a running mate, after months of private conversations with every corner of his orbit, the former president took a call from a new voice.

“That person, Tesla billionaire Elon Musk, was one of several people urging Trump in the final moments to select Ohio Sen. JD Vance.”

Vance has praised Trump’s failed tax scam even though it gave massive handouts to billionaires at the expense of working families, caused the deficit to skyrocket, and created new incentives for companies to ship jobs overseas.

Vance: “The left attacked Donald Trump for those tax cuts said they would make the deficit worse when in reality we took in more revenue because the government got out of the way on the regulatory side and the tax cuts spurred a lot of growth which means more people working, which meant more economic production which meant the entire economy was healthier … I think we have a pretty common sense regulatory and tax agenda.”

New York Times: “The 2017 corporate tax cuts signed into law by Mr. Trump have not increased government revenue … In fact, they have had the opposite effect.”

Washington Post: “For the first time in history, U.S. billionaires paid a lower tax rate than the working class last year”

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.”

Washington Post Analysis: “One of President Donald Trump’s lesser-known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden that he’s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt. The national debt has risen by almost $7.8 trillion during Trump’s time in office.

“The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center.”

Washington Post: “Trump promised ‘America First’ would keep jobs here. But the tax plan might push them overseas.”

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. … Vance’s skepticism of the PRO Act is part of a more fundamental skepticism that he harbors toward organized labor.”

Fast Company: “Vance also voted in favor of a resolution to strike down the NLRB’s updated joint-employer rule, which would have given workers more leverage when organizing at companies—like Amazon—that rely heavily on third-party contractors, by forcing both employers to participate in labor negotiations.”