Ohio Sen.Brown, Dems, Decry GOP Tax Plan Process
Republicans in Congress have reached a consensus on a tax overhaul package that largely keeps the structure of the Senate's version. Ohio's Democratic Sen. Sherrod Brown says the deal has revealed a philosophical split between him and his fellow Ohio Senator, Republican Rob Portman.
Brown said he and Portman have worked together on issues ranging from opioids to trade, but the tax package represents a philosophical divide. Portman sees tax cuts for corporations and investors as a way to stimulate the economy for everyone. Brown sees it as the latest incarnation of failed trickle-down economics.
"If you say you're going to cut taxes on the middle class then pass a bill that cuts taxes on the middle class. That puts money in people's pockets, they buy things, it creates demand," he said.
Portman, who has been a deficit hawk, maintains the tax package will boost wages and decrease the federal deficit because it will generate more revenue.