WASHINGTON, D.C. – Senator Tom Harkin (D-IA) today released the following statement on the Budget Reconciliation bill passed by the U.S. House of Representatives.

“Today the House passed an ill-conceived bill which puts tax cuts for the wealthiest Americans ahead of fiscal responsibility and needed resources for our most vulnerable citizens. Forty percent of the benefits of this tax bill go to those making over $1 million a year. Seventy-eight percent goes to those making over $100,000 a year. This truly is a gross abuse.

“Not only will this bill continue toward the path of an exploding federal deficit, it is paired with a measure that slashes crucial programs which support disadvantaged, hardworking American families. The House proposes cutting child support enforcement that will reduce payments by an estimated $24 billion, and hits the poorest of the poor by cutting food assistance and raising health care costs for those that rely on Medicaid.

“This is just plain wrong. These choices do not reflect Iowa values. And they don’t reflect the compassion of the American people. The Iowans I talk to are looking for balance, fairness, and shared sacrifice. These tax cuts for the wealthy and deep budget cuts for our most vulnerable citizens will only take us in the wrong direction. I believe that together, America can do better.”