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The Journal Gazette

Wednesday, December 20, 2017 1:00 am

State delegates vote with party

Banks: Good day for American dream

BRIAN FRANCISCO | The Journal Gazette

Indiana's congressional delegation split along political party lines Tuesday as the House and Senate prepared to revamp the nation's income tax code.

All seven Hoosier Republicans in the House supported the Tax Cuts and Jobs Act, and both the state's Democrats in the chamber opposed it.

Sen. Todd Young, R-Ind., was expected to vote for the legislation late Tuesday, and Sen. Joe Donnelly, D-Ind., said he would vote against it.

“Today is a good day for the future of the American dream,” Rep. Jim Banks, R-3rd, said in a statement after the Republican House approved the bill.

Banks predicted the legislation “will provide middle-class tax relief while promoting investment, job creation and sustained economic growth. It will lead to bigger paychecks for workers across our country and restore America's global competitiveness.”

During floor debate, Rep. Jackie Walorski, R-2nd, made reference to Democratic opposition to the bill, saying, “If you believe the rhetoric you hear, you may think this bill means the world is ending. I guarantee you it's not.”

In remarks broadcast by C-SPAN, Walorski said: “This isn't just a good bill; this is a great bill. This isn't the apocalypse; it's a new day in America.”

Donnelly saw the legislation much differently during Senate debate. He complained it will benefit corporations and wealthy people instead of middle-class taxpayers and do nothing to prevent companies from sending American jobs to other countries.

“This bill raises taxes on many middle-class families, makes health care more expensive, does not address outsourcing and significantly increases our national debt,” Donnelly said.

He said the bill was “rushed through” in “a largely closed and partisan process.”