On Thursday, November 16, the House is expected to vote on it’s version of the GOP Tax Cut Bill.

H.R. 1 Tax Cuts and Jobs Act overwhelmingly benefits the wealthiest individuals and corporations, and will ultimately be paid for by cuts to critical programs, like SNAP, that serve low- and moderate-income families. The bill:

  • provides few, if any, tax benefits for low- and middle-income households and actually hurts many working families with changes to the Child Tax Credit and other provisions;
  • increases the deficit by at least $1.5 trillion over a decade, creating enormous pressure to cut spending from vital programs like SNAP that empower households to escape hunger and poverty; and
  • directly harms food banks and all non-profits by diminishing the effectiveness of the charitable giving deduction.

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