FY2018 Budget Act Amending the Tax Code to Reduce Tax Rates

Dec. 20, 2017 | H.R. 1
This bill amends the Internal Revenue Code in a way that makes working people pay the price for massive tax giveaways to millionaires and wealthy corporations. In addition to lowering the top tax rate for wealthy individuals and reducing the corporate rate by nearly 40%, the bill lowers the tax rate on offshore profits to zero, which gives corporations a giant incentive to move American jobs offshore. The bill also eliminates the Affordable Care Act's individual mandate, which will mean the loss of health care for 13 million Americans and a 10% premium increase, on average. The bill passed the House and Senate, was signed by President Trump and became law on December 22, 2017.
Legislative Alert

This is Bad for working people.

Vote result: Passed

YEAs: 51
NAYs: 48

Legislator Sort descending State Party Vote
Sen. Brian Schatz
HI
Democrat No
Sen. Charles E. Schumer
NY
Democrat No
Sen. Tim Scott
SC
Republican Yes
Sen. Jeanne Shaheen
NH
Democrat No
Sen. Richard C. Shelby
AL
Republican Yes
Sen. Debbie Stabenow
MI
Democrat No
Sen. Luther Strange
AL
Republican Yes
Sen. Dan Sullivan
AK
Republican Yes
Sen. Jon Tester
MT
Democrat No
Sen. John Thune
SD
Republican Yes
Sen. Thom Tillis
NC
Republican Yes
Sen. Patrick J. Toomey
PA
Republican Yes
Sen. Tom Udall
NM
Democrat No
Sen. Chris Van Hollen
MD
Democrat No
Sen. Mark Warner
VA
Democrat No
Sen. Elizabeth Warren
MA
Democrat No
Sen. Sheldon Whitehouse
RI
Democrat No
Sen. Roger Wicker
MS
Republican Yes
Sen. Ron Wyden
OR
Democrat No
Sen. Todd Young
IN
Republican Yes