SENATE Key Vote - Schumer Graham Tax Bill
KEY VOTE ALERT
"NO" ON SCHUMER-GRAHAM TAX BILL (S. 295)
The Club for Growth, with its 36,000 members, plans to score a "NO" vote as a pro-economic growth vote in our annual rating of Congress on the Schumer-Graham tariff bill (S. 295) if it comes up for a vote.
This bill would slap a destructive 27.5% tariff on all Chinese imports if China doesn't re-evaluate its currency. Such a move would cause a price increase on billions of dollars worth of goods and services - in other words, a direct tax on American consumers.
Worse still, this tax hike could set off a trade war with China, which would destroy jobs.
As economist Larry Kudlow warned, "[this] bill echoes the catastrophic tariff legislation that set off the stock market crash and Great Depression of decades ago."
Our Congressional Scorecard for the 109th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.
