All four of Colorado’s U.S. House Republicans voted with most of their GOP colleagues today to pass the Republican sponsored tax bill that lowers rates for corporations and repeals the individual health insurance mandate, a major pillar of the Affordable Care Act.
U.S. Reps. Ken Buck, Mike Coffman, Doug Lamborn and Scott Tipton voted in favor of the bill.
Every Democrat in the House voted against it, including U.S. Reps. Diana DeGette, Ed Perlmutter and Jared Polis .
In a statement released prior to the vote, Republican Congressman Mike Coffman said that “While distractors will spell every myth and scare tactic under the sun, at the end of the day, this bill will help working and middle-class families by doubling both the child tax credit and the standard deduction.”
Critics of the measure say that that the changes to the tax code will harm all but the wealthiest Americans. Some of the provisions include a lowering of thee corporate tax rate from 35 percent to 21 percent, and a reduction in taxes on inheritances.
The measure now heads to the Senate, which is expected to pass the bill this week and send it to President Donald Trump for his signature.
