Fact-check: McSally on the Tax Bill
On the same day House Republicans unveiled their new tax cut proposal, Martha McSally indicated her enthusiastic support, both in an official statement and a flurry of tweets.
How enthusiastic? Unlike with the health care bill, she managed to refrain from using f-bombs. But it’s clear she’s all in.
That’s not a surprise. McSally is hugely dependent for her campaign financing on House Speaker Paul Ryan and his political ally, New York hedge fund billionaire Paul Singer; it was a given they’d have her support on this, their top legislative priority.
Why are they so eager? It’s no mystery; the bill was written to benefit the donor class. Here’s a partial list of the bill’s provisions which impact mainly the wealthy and corporations, and the amount each would cost the Treasury over the next decade: