“TRUE OR FALSE?” Arrington and Secretary Bessent Expose Democrats
WASHINGTON, D.C. – During a House Ways & Means Committee hearing, Budget Chairman Jodey Arrington (TX-19) teamed up with Treasury Secretary Scott Bessent to counter Democrat mischaracterizations of Trump’s Tax Cuts. Click HERE to watch “True or False?” If we don’t extend the Tax Cuts and Jobs Act (TCJA), there will be a 22% average tax increase for ALL Americans. True or False? TRUE If we don’t pass the One Big Beautiful Bill Act, the average American household will lose $5,000 from their family budget. True or False? TRUE Under TCJA, the top 1% paid a greater share of taxes. True or False? TRUE The Washington Post gave the Democrats “Four Pinocchio’s” for saying that tax cuts go to the rich. True or False? TRUE Under TCJA, 3 out of ever $4 in the tax cuts benefited individuals, not corporations. True or False? TRUE Under TCJA, the bottom 10% of wages grew twice as fast as the top 10%. True or False? TRUE Under TCJA, household net worth increased substantially faster for the bottom 50%. True or False? TRUE Under TCJA, the poverty rate sank to an all-time record low. True or False? TRUE Under TCJA, the unemployment rate among minorities and women fell to historic lows. True or False? TRUE ###
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