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14 Republican members of W&M—including Chair Jason Smith—could personally benefit from tax cuts paid for by gutting healthcare for their constituents 

WASHINGTON, DC – Over the course of last night, House Ways and Means Committee Republicans signed off massive tax cuts for themselves and their billionaire donors, effectively greenlighting hundreds of billions of dollars in funding cuts to healthcare, food assistance, and education programs. 

A new analysis from Accountable.US revealed today that 14 House Ways and Means Republicans could personally benefit from extending the pass-through deduction or repealing the estate tax. At the same time, all committee Republicans are signing off on Medicaid cuts that impact 4.1 million of their own constituents receiving coverage, possibly causing over 14,000 excess deaths. 

These findings come as the non-partisan Congressional Budget Office (CBO) confirmed yesterday that congressional Republicans’ push to enact tax cuts for themselves and their billionaire donors will threaten the healthcare of 13.7 million Americans. 

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Each of these committee members had the opportunity to vote for a tax system that works for working families but instead they voted one-by-one in favor of a system they claim requires cuts to healthcare, SNAP, and other critical services – all the while approving tax cuts for themselves and the extremely wealthy."

Accountable.US Executive Director Tony Carrk.

Per Accountable.US’ Cash in Congress several Ways and Means Republicans could personally benefit from the extension of the pass-through deduction or repeal of the estate tax after reporting tens of thousands in potential pass-through income or assets exceeding the new estate tax threshold, including Chair Jason Smith, and: 

  • Chairman Jason Smith (MO-08) could benefit from the pass-through deduction after reporting being a “member” of three limited liability companies and owning 10 rental properties and farms, providing him at least $200,000 in potential pass-through rental income. Meanwhile, 216,000 constituents receive Medicaid in Missouri’s 8th congressional district, 4,917 households receive TANF assistance in the state, and over 14,000 children live in foster care in Missouri. 
  • Rep. Vern Buchanan (FL-16) could benefit from extending the pass-through deduction and repealing the estate tax after reporting $5.6 million or more in potential pass-through rental income and K-1 income annually and over $7 million in gross assets. Meanwhile, 118,000 constituents receive Medicaid in Florida’s 16th congressional district, 36,000 families receive TANF assistance in the state, and 21,808 children live in foster care in Florida.
  • Rep. Adrian Smith (NE-03) could benefit from extending the pass-through deduction after reporting $230,000 or more in potential pass-through rental income annually. Meanwhile, nearly 120,000 constituents receive Medicaid in Nebraska’s 3rd congressional district, 2,600 families receive TANF assistance in the state, and 4,870 children live in foster care in Nebraska.

Today’s findings are the latest in Accountable.US’ Cash in Congress project, which will continue to shed light on how congressional Republicans’ tax cuts will hurt everyday Americans by gutting programs like SNAP, Medicaid, and Head Start while enriching the wealthy few. 

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