After Republicans passed the most significant tax reform bill in recent decades, House Minority Leader Nancy Pelosi slammed the bill as “pathetic,” declaring that the tax savings it gave average Americans were mere “crumbs.” Her response to the $1.5 trillion tax cut stands in stark contrast to how she characterized a significantly smaller tax break for Americans under the Obama administration.
Pelosi made the harsh comments of the tax reform bill signed by President Donald Trump despite the fact that 80% of tax payers will see tax cuts, the average family receiving around $1,200 in savings, and nearly 100 companies have already announced major bonuses, wage increases, and charitable donations because of the bill.
However, in 2011 Pelosi applauded a mere $40 payroll tax cut passed by President Barack Obama as “a victory for all Americans” that would make a difference for the “average family.”
On Thursday, Pelosi described the massive tax cuts passed by Republicans as, “crumbs that they are giving to workers to kind of put the schmooze on — it’s so pathetic… I think it’s insignificant.”