Today, U.S. Rep. Bill Pascrell, Jr. (D-NJ), member of the tax-writing Ways and Means Committee, released the following statement after the House of Representatives passed the Republican tax bill conference report. "Tax reform should be an opportunity to set a framework in which all Americans are treated fairly, rewarded for their work, and invested in as human capital. Instead, the tax bill Republ... Read more »

Today, Congressman Bill Pascrell, Jr. (NJ-09), a member of the tax-writing Ways and Means Committee, issued the following statement after House Republicans blocked a floor vote on his amendment to restore the state and local tax (SALT) deduction in H.R. 1, the Republican tax bill under consideration this week. Taxpayers in New Jersey rely heavily on the Civil War-era tax break exempting itemizing ... Read more »

Yesterday Congressman Bill Pascrell, Jr. (NJ-09) and Congressman Frank Pallone, Jr. (NJ-06) opposed H.R. 2874, the so-called 21st Century Flood Reform Act after offering amendments to the bill, which were denied a vote by Republican Leadership. The partisan bill would make flood insurance more expensive, less available, and less fair for millions of Americans. "In the five years since Superstorm S... Read more »

NEWARK, N.J. – Today, Governor-elect Phil Murphy and Democratic members of the New Jersey House delegation discussed the impact of the House Republican’s tax plan on New Jersey. The plan is estimated to cost many New Jersey families thousands of dollars a year. A total of 1.8 million New Jersey households deduct a cumulative $17 billion in state income or sales taxes from their federal taxes. Thos... Read more »

Yesterday, U.S. Representative Bill Pascrell, Jr. (NJ-09), a member of the Ways and Means Committee, led the charge for Democrats in their opposition to the Ryan-McConnell tax bill. The House Ways and Means Committee began its markup for the Republican tax bill, which will continue today (WATCH LIVE). Changes to House tax bill on child care benefits, credits (Associated Press / Washington Post) Co... Read more »

Today, U.S. Representative Bill Pascrell, Jr. (D-NJ), a member of the House Ways and Means Committee, authored an amendment to the Ryan-McConnell tax bill to retain the state and local tax (SALT) deduction. His amendment was offered during the Ways and Means Committee markup for the Republican tax bill, and voted down along party lines, 16-23. On October 24, Rep. Pascrell offered an amendment in t... Read more »

Today, U.S. Representative Bill Pascrell, Jr. (NJ-09), a member of the House Ways and Means Committee, released the following statement on the Republican tax plan. Republicans are so fixated on rigging the tax code to benefit corporations and the top one percent, and they are perfectly content to sacrifice middle-class families in that endeavor. And that’s exactly what their tax bill does. There i... Read more »

U.S. Representative Bill Pascrell, Jr. (NJ-09), Ranking Member of the Ways and Means Trade Subcommittee, issued the following statement on the release of a Department of Treasury report on developments in international economic and exchange rate policies. "With all of the bluster we heard on the campaign trail, today’s report from the Department of Treasury highlights the administration’s lack of ... Read more »

Today, U.S. Representative Bill Pascrell, Jr. (D-NJ), a member of the House Ways and Means Committee, and 12 cosponsors introduced a measure in the House of Representatives that would extend the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) to U.S. citizens in Puerto Rico. "Prior to Hurricane Maria, Puerto Rico’s economy had been battered by years of recession, with nearly half the po... Read more »

Today, U.S. Representative Bill Pascrell, Jr. (D-NJ), a member of the House Ways and Means Committee, released the following statement after the Department of Labor announced that the economy lost 33,000 jobs in September: "Today’s jobs number represents another broken promise from the Trump Administration. The recent disasters have shown that President Trump has failed to deliver tangible improve... Read more »