More on Taxes
April 6, 2017 Press Release
WASHINGTON, D.C. – On Wednesday, April 5, 2017, Congressman Bobby Scott (VA-03) joined Congressman John B. Larson (CT-01), the Ranking Member of the Ways & Means Subcommittee on Social Security, in introducing the Social Security 2100 Act. The legislation would increase the payroll tax on those with higher incomes, cut taxes for Social Security recipients, provide a benefit increase for current and future beneficiaries, while strengthening Social Security’s solvency for future generations. “I am proud to be a cosponsor of the Social Security 2100 Act,” said Rep. Scott. “Social Security and Medicare make up the foundation of American retirement security. Americans have paid into the system for decades and, during that time, these programs have promised Americans the chance to retire with dignity after a lifetime of hard work.
March 16, 2017 Press Release
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after the White House released an outline of its Fiscal Year 2018 budget priorities, known as the “skinny budget.” “This budget proposal is yet another broken promise from the Administration to the American people. Cutting $54 billion from programs that help protect and support working families to learn and earn is no way to grow the national economy or put people back to work. Working families deserve a budget that invests in their health and futures, boosts wages, helps them balance work and family life, and levels the playing field for them and their children to succeed. President Trump’s budget proposal eliminates and reduces vital programs for students, teachers, and workers that will endanger public education, make college less affordable, and reduce the availability of workforce training
February 28, 2017 Press Release
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement in response to President Donald Trump’s first address to a Joint Session of Congress: “President Trump’s plans to cut taxes and increase defense spending violate fundamental principles of arithmetic. While his proposal for increased defense spending and eliminating the sequester for the Department of Defense would certainly benefit parts of the Hampton Roads economy, the draconian spending cuts required to offset these increases would negatively impact thousands of hard working Virginia families and disrupt other areas of our region’s economy.
WASHINGTON, D.C. – Today, Representatives Scott Rigell (VA-02), Bobby Scott (VA-03), Rob Wittman (VA-01), and Randy Forbes (VA-04) asked IRS Commissioner John Koskinen to assist American families affected by contaminated Chinese drywall. Contaminated drywall has significantly impacted more than 3,700 homes across the country. In 2013, President Obama signed into law the Drywall Safety Act of 2012, legislation that was introduced by Rigell and quickly passed through Congress thanks to strong bipartisan cooperation across Virginia’s Congressional delegation. The legislation set chemical standards for domestic and imported drywall, established remediation guidelines for disposal of all drywall, and expressed a sense of Congress that China must be held accountable for the damage this product has already caused across America. However, many contaminated drywall victims continue to face significant financial hardship.
April 18, 2016 Floor Statements
Mr. SCOTT of Virginia. Madam Speaker, I thank the gentleman for getting the title of our State correct. I thank the gentleman from New York and the gentlewoman from Ohio for yielding and organizing tonight's Special Order. Last week, the House of Representatives failed to pass a budget by the statutorily mandated date of April 15. This failure is unfortunate for our budget process, but perhaps not unfortunate for the American people because no budget is better than the proposed Republican budget that would have been brought to the floor. Our Nation's budget reflects priorities, but the Republican budget only highlights the wrong priorities. The budget the House Republicans wanted to bring to the floor would be even more devastating to students, working families, and seniors than their previous proposals.
December 17, 2015 Press Release
WASHINGTON, D.C. – Congressman Robert C. “Bobby” Scott (VA-03) issued the following statement on his No vote on the Protecting Americans from Tax Hikes Act of 2015 (Roll Call No. 703): “This tax extenders bill permanently extends enhancements to the Earned Income Tax Credit (EITC), the Child Tax Credit (CTC) and the American Opportunity Tax Credit (AOTC), which will help millions of working families stay out of poverty, help them offset the cost of childcare, and help them send their children to college. While I strongly support these and some of the business provisions, I voted against the bill because it is not paid for at this time but ultimately its cost of approximately $622 billion over the next decade will, of course, have to be paid for.
July 15, 2015 Press Release
WASHINGTON, D.C. – Congressman Robert C. “Bobby” Scott (VA-03) issued the following statement after his ‘NO’ vote on passage of H.R. 3038, the Highway and Transportation Funding Act of 2015, in the House of Representatives: “With the most recent of a series of short-term extension of the Highway Trust Fund set to expire at the end of the month, we need legislation which provides for a long term investment in our infrastructure to create jobs, rebuild America, and ensure that states and local governments have the certainty they need to plan critical projects.
April 16, 2015 Press Release
WASHINGTON, D.C. – Congressman Robert C. “Bobby” Scott (VA-03) issued the following statement on his No vote on H.R. 1105, the “Death Tax Repeal Act of 2015”: “Budgeting responsibly often requires making tough choices but that is not what the Republican Majority has done today. Current law exempts $5.4 million in assets for individuals and $10.9 million in assets for couples from the federal estate tax. As if the current law wasn’t generous enough, the Republican Majority has made the choice to repeal the estate tax entirely and add $269 billion to the deficit over the next decade in order to give 0.2% of the wealthiest deceased Americans a tax break.
March 24, 2015 Floor Statements
Mr. SCOTT of Virginia. Mr. Chairman, I rise in opposition to the underlying Republican budget for fiscal year 2016, and I also rise to commend the gentleman from Maryland (Mr. Van Hollen) for his strong opposition. Mr. Chairman, this budget is not a serious plan. It contains trillions of dollars in tax cuts, but it doesn't show a dime's worth of tax increases when they say it is going to be revenue neutral. It includes trillions of dollars in unspecified cuts that will not be made. For example, are we really going to repeal Medicare as we know it?
February 2, 2015 In The News
WASHINGTON, D.C. – Rep. Robert C. “Bobby” Scott (VA-03), the ranking Democratic member on the House Education and the Workforce Committee, released the following statement today in response to President Obama’s proposed budget for fiscal year 2016: “President Obama’s budget proposal lays out a fiscally responsible blueprint to strengthen the middle class by investing in workers, students, children, and families. The President’s budget would reverse the arbitrary, destructive spending cuts of the last four years and make critical investments in our nation’s future.