House Minority Leader Nancy Pelosi, D-Calif., insisted Monday that the Republican tax cut bill signed into law is still looming as a threat to millions of Americans who she said would pay more in taxes, not less.
"The tax bill is really the dark cloud that hangs over the Capitol," Pelosi told the Washington Post on Monday afternoon, hitting Republicans for moving the bill rapidly through the Congress late last year. "They sell it as middle class tax cuts, [but] 86 million American middle class families will be paying more in taxes as a result of this bill."
The comment came when she was asked by the Washington Post what keeps her up at night, especially with the 2018 elections looming.
"This is unconscionable that they would have 83 percent of the benefits going to the top 1 percent. So that's not my point — it's not what it is, it's what it isn't," Pelosi said. "And what it is for the banquet of money at the top and extraction of money, but trying to sell it as something that you should just be so glad to get. No — our people deserve better."
Most recently, the American Action Network, a group dedicated to maintaining the GOP's majority in the House, launched a $1 million ad campaign this week targeting her other claim that the result of the tax bill would be "Armageddon."
Pelosi described the tax bill using similar numbers during the debate last year, when Republicans said she was misstating how the law would affect people. Several Republicans said during the debate that Pelosi and other Democrats were pulling their numbers from an analysis that said at the very end of 10 years, when most tax provisions expire for individuals, most of the remaining benefits would go to top earners.
At the same time, Pelosi has described the $1,000 or more that millions of households will get in tax breaks as "crumbs." On Monday, Pelosi reiterated her "crumbs" remark, calling them "goodies" that won't do enough for the middle class while the richest Americans do the best under the law.
"Crumbs, goodies. Either one," Pelosi said on her terminology. "Because it's not a question of $1,000, it's a question of the billions of dollars, the banquet that they have put for the top 1 percent."
Pelosi also said that the law has hampered talks on spending caps in budget negotiations, pointing to members who have had the "fear of the lord" put into them due to the tax reform package.
"The tax bill has put a little fear of the lord into some members because they know that if we have a cap agreement, it will increase the deficit," Pelosi said.