Speaker of the House Paul Ryan didn’t mince words when addressing House Minority Leader Nancy Pelosi’s assertions that the GOP tax cuts aren’t helping American workers, saying increased wages and $1000 bonuses “aren’t crumbs” to average families.
“As you know, leader Pelosi’s calling all of this ‘crumbs,’” a reporter from C-SPAN pressed the GOP leader.
“I was sad and surprised she said that. To somebody working at Walmart at the starting wage who just went from $9 an hour to $11 an hour, that’s not crumbs. To a person working paycheck to paycheck who just got a $1000 bonus, that’s not crumbs,” said Ryan.
“Comcast –just one company- is investing $50 billion in America, in jobs, in expanding across the country, this isn’t crumbs. The additional maternity leave at Walmart, the higher 401(k) plans… these aren’t crumbs,” he added.
“More than half of Americans are living paycheck to paycheck. When they get something like a $1000 bonus at Christmas time because of this tax cut, it’s hardly crumbs,” said the Speaker of the House.
Watch Paul Ryan’s comments above.
LIBERAL NIGHTMARE: Chrysler, Capital One RAISING WAGES after GOP Tax Cuts
The economic “nightmare” predicted by left-wing lawmakers such as Nancy Pelosi and Chuck Schumer continued this week, with more and more major American corporations announcing increased wages and big bonuses following the GOP-led tax cuts.
Less than one day after House Minority Leader Nancy Pelosi blasted the tax legislation as “pathetic crumbs” to working-class families, Fiat Chrysler and Capital One pledged to raise wages and pay out big bonuses to American-based workers as a direct result of the Republican tax overhaul.
— CNBC Now (@CNBCnow) January 11, 2018
In addition, Chrysler officially announced its plan to relocate a major production plant from Mexico to Michigan “in response to the passage of U.S. tax reform late last year.”
“BREAKING: Fiat Chrysler to invest $1B+ to modernize a Michigan plant, in addition to previous $1B investment in the plant; will add 2500 new jobs, and will give $2,000 bonuses to 60,000 of its hourly and salaried employees in the US because of tax reform,” tweeted CNBC.
Chrysler and Capital One join a growing list of major American corporations –such as AT&T, Boeing, Southwest Airlines, Walmart, and others- raising wages and re-investing in the United States after the GOP and President Trump successfully passed the largest overhaul of the nation’s outdated tax code in generations.
WHAT’S WRONG WITH NANCY? Pelosi Stutters, Calls Tax Cuts ‘CRUMBS’
House Minority Leader Nancy Pelosi refused to accept the reality that the GOP tax cuts are providing relief for millions of working class families on Thursday, telling reporters that the increased wages and bonuses were mere “crumbs” from the wealthiest Americans.
“A number of companies are attributing the tax bill for being able to give higher wages to their employees as well as give a number of bonuses to their employees. How do you respond to that?” asked one reporter during Pelosi’s weekly press conference.
“One of the bonuses was already in a union contract, and then they added a little more money to that. That same firm just told their employees that they’re going to be laying off 1500 people,” said the former Speaker of the House.
“In terms of the bonus that corporate America received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic, it’s so pathetic,” she added. “I would hope that with their big advantage of bringing money home at a very low rate, that they would invest in infrastructure. My experience has been that they will do stock buy-backs and things like that.”
Pelosi’s comments come as major American corporations announced higher wages and increased bonuses as a direct result of the GOP-led tax cuts. American Airlines, Southwest Airlines, Walmart, AT&T, Boeing, and other US-based companies all raised employee benefits and salaries after President Trump signed the legislation into law.
Watch Pelosi’s bizarre press conference above.