Yesterday, Senator Reverend Warnock voted “NO” on the GOP Tax Bill, which passed by a vote of 50-50, with the Vice President breaking the tie
The legislation will kick 750,000 Georgians off their health care, raise health care premiums for over 1.2 million Georgians, risk up to 42,000 Georgia jobs, threaten 66 rural hospitals, and add nearly $4 trillion to the national debt
The legislation now goes to the House of Representatives for consideration
Washington, D.C. – Today, U.S. Senator Reverend Raphael Warnock (D-GA) released the following data outlining the harms of the GOP Tax Bill for Georgians. The Senator voted “NO” on theOne Big Beautiful Bill Act, citing the tremendous consequences of the bill to hard-working families.
“The Senate just voted for legislation that will kick millions off their health care, close rural hospitals, and increase health care costs for everyone, all to give billionaires a tax break,” said Senator Reverend Warnock.“This vote is a disappointing reminder that Washington politicians aren’t working for ordinary people.” Read the full statement HERE.
Below is a “By The Numbers” breakdown of what the GOP Tax Bill will mean for Georgia:
Health Care:
The GOP Tax bill takes away health care for nearly 17 million Americans and over 750,000 Georgians. The legislation will:
- Kick nearly 12 million Americans off Medicaid, including 93,000 Georgians.
- Raise premiums for nearly 20 million Americans, including over 1.2 million Georgians.
- Threaten 66 rural hospitals and 37 nursing homes in Georgia.
- Raise health care costs for EVERYONE by kicking millions off health care, making them unable to cover their medical bills. Those costs are then passed on to hospitals and insurers, who pass those costs on to customers.
Debt/Deficit:
- The GOP Tax Bill will add roughly $4 trillion to the deficit.
Job Loss:
The GOP Tax Bill threatens 42,000 good-paying Georgia jobs, $28 billion in private sector investments to 51 Georgia projects.
- The vast majority of projects announced following the passage of the clean energy tax credits have been investments in Congressional districts currently held by Republicans.
- This is particularly true in Georgia, where 83% of the projects, 94% of the total investment, and 75% of the jobs are in Republican districts.
- More than 95% of the new jobs and investments are in counties where the percentage of people with a bachelor’s degree is below the national average.
Energy Costs:
The GOP Tax Bill will make it more expensive for Georgians to cover their utility bills. The legislation will:
- Increase electricity spending by up to $110 per year by 2026.
Georgia Projects:
The GOP Tax Bill will rescind funding that was intended to boost Georgia businesses. The legislation will:
- Retract funding $158 million in federal investments for Atlanta’s The Stitch and $50 million to connect Atlanta’s southside communities, schools, hospitals, and MARTA stations to the Beltline.
- Kill Georgia business expansion, including retracting $3.1 million in federal funding for Lanzajet’s SAF facility in Soperton, GA.
Food Assistance
This legislation will force Georgia seniors and children to go hungry. When this legislation is fully in effect, it is estimated to:
- Cut some or all of food assistance for 729,000 Georgia families, including 121,000 Georgia families with children.
- Cut some or all of food assistance for 22.3 million families nationwide.
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