Senator Bob Casey

Senator Bob Casey @SenBobCasey

That’s equivalent to the total annual funding for Pell grants ($22.5 billion FY17) and WIC ($6.35 billion). — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Repealing the estate tax would reduce revenue by roughly $27 billion/year. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

That’s equal to entire FY17 budget for the @CDCgov ($7.2B), the FAA ($16.4B), the @TSA ($7.78) and the @USCG ($10.45B). — PolitiTweet.org

Senator Bob Casey @SenBobCasey

The GOP’s purposed changes to the top individual tax bracket will reduce revenue by about $42 billion/year. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

That’s equal to the entire FY17 budget for the @NIH ($34.1 billion), @CustomsBorder ($14.3 billion), and @FEMA ($11.6 billion) combined. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

The purposed GOP cuts for Pass-through/S-corps will reduce revenue by roughly $60 billion/year. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

That’s equal to our military’s annual personnel costs (salary, healthcare, retirement contributions, etc) PLUS NASA’s entire annual budget. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Let’s start with the proposed cut to the corporate tax rate: $1.5 trillion over 10 years or $150 billion/year. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

So just how much would we have to cut to keep the deficit the same? Take a look at the numbers. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

How, you ask? By definition, tax cuts reduce revenue. If you don't make cuts equal to that reduction, you increase the deficit. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Republicans are now proposing to wipe that away with a budget and tax plan that will drastically increase the deficit. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

In 2011, under the Budget Control Act Republicans and Democrats came to an agreement on $1 trillion in deficit reduction measures. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

There are only two ways to reduce the deficit: bring in more revenue or decrease spending. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Thread #2: The GOP talks a lot about the importance of reducing our national budget deficit. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

The only ones who benefit from the GOP pass-through rate reduction are the super-rich hedge fund managers and real… https://t.co/CWOpPkIJfM — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Most small businesses using pass-through already pay less than the proposed GOP rate. https://t.co/dpn7TfYRho — PolitiTweet.org

Senator Bob Casey @SenBobCasey

GOP tries to sell the ‘pass-through’ loophole as being good for small business, yet 90% of the benefits go to the top 1%. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

This is why @realDonaldTrump's budget is "out of whack," not because a hurricane devastated Puerto Rico. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

That’s right, this hedge fund manager loophole dwarfs the entire budget of the primary department responsible for responding to emergencies. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

In context, this new loophole = FY17 budgets of NIH, Customs & Border Protection & FEMA COMBINED. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Changing the pass-through rate will lower taxes for hedge fund managers & real estate developers, adding $600B to the deficit over 10 years. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

This new loophole is accomplished through something called a ‘pass-through.’ — PolitiTweet.org

Senator Bob Casey @SenBobCasey

First up, a look at how this plan creates new, special loopholes for super-rich hedge fund managers & wealthy real estate developers. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

And throughout the day on Twitter, I'll address some of the more egregious flaws in this tax plan. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Today in Philadelphia, I'll highlight how the GOP tax plan also RAISES taxes on the middle class to help fund these same giveaways. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Yesterday, I met with seniors in Lancaster to highlight how this plan cuts Medicare to fund giveaways to super-rich. https://t.co/hXUba0oZWn — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Today, @realDonaldTrump will come to Pennsylvania to push tax plan that gives 80% of benefits to the top 1% of the county. — PolitiTweet.org

Senator Bob Casey @SenBobCasey

Elyse and Michael- may your love protect you and persevere through all of your tomorrows. https://t.co/19966NgX4R — PolitiTweet.org

Senator Bob Casey @SenBobCasey

RT @larry_levitt: @sarahkliff Here's what happened to women's out-of-pocket costs for contraceptives after the ACA requirement went into ef… — PolitiTweet.org

Senator Bob Casey @SenBobCasey

...but allowing a private employer to deny a woman access to birth control treats women like second-class citizens. — PolitiTweet.org