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John B. Larson

01/16/2025 | Press release | Distributed by Public on 01/16/2025 11:01

Larson and Colleagues Reintroduce Bill to Prevent Cost-Raising Tariffs

Washington, D.C. - Today, Rep. John B. Larson (CT-01) reintroduced the Prevent Tariff Abuse Actwith Reps. Suzan DelBene (WA-01), Don Beyer (VA-08), and a group of his Democratic colleagues on the Ways and Means Committee. The Prevent Tariff Abuse Act would block the President from bypassing Congress to impose unjustified tariffs or quotas that raise costs for working families.

"President-elect Trump is threatening to impose broad and unreasonable tariffs to tax low-income and middle-class Americans, while promising another round of tax breaks for the ultra-wealthy and billion-dollar corporations," said Larson. "House Democrats are focused on delivering for working families, not the wealthy. We will not stand by and let the next President abuse his power to increase the prices of everyday goods. Our bill will prevent the incoming Administration from doing just that."

The Center for American Progress estimatesthat President-elect Trump's tariff plan could increase taxes by up to $3,900 per year for the typical family.

House Democrats have put forward proposals to cut taxes for working families and seniors while ensuring the wealthy pay their fair share. Rep. Larson has a planto cut taxes for middle-income Social Security beneficiaries and is a supporter of Rep. Rosa DeLauro's American Family Act, which would expand the Child Tax Credit to up to $3,600 per year for families.