New Jersey Democratic Sen. Cory Booker slammed President Donald Trump’s tax cuts, suggesting that the bonuses handed down by a number corporations will cost the country in the long run.
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"Who's getting the most? We're getting crumbs,” Booker said during a U.S. Senate Democrats interview on Facebook. “By the way, for those people who might have gotten $1,000 as a bonus, remember that's not free money. It's coming with the cost of driving up our debt."
Booker, who may be positioning himself for a Democratic run against Trump, echoed the sentiments of House Minority Leader Nancy Pelosi, who bashed the tax cut savings, saying businesses across the U.S. are handing out “crumbs” to employees.
“Cory Booker needs to understand what is like to be up against it and how $1,000 really matters,” FOX Business’ Trish Regan said on the “The Intelligence Report.”
Trump praised the GOP tax reform bill Thursday, which he said provided fastest wage increase in more than a decade, allowing families to keep more of their hard-earned money.
“Our massive tax cuts that are growing paychecks all over our country: They are creating jobs and expanding the American dream just like we said would happen,” Trump said from the White House Rose Garden.
Quinton Ward, a truck driver for Werner Enterprises, said the Trump administration understands businesses and people create jobs and that the bonuses generated from the tax plan has a direct impact on his family.
“This tax law means a better future for me and a significant pay increase this year, which will allow me to take my family on a trip that we’ve been planning for years but never quite made it,” Ward said.
Rosecliff Ventures founder Michael Murphy said Booker is touting a socialist ideology by suggesting the government has a better understanding of how to spend one’s money.
“In this country, you take the risk, you go to work, you start a business and the benefits should be yours if the business does well,” he told Regan.