{"id":1036378,"date":"2024-06-25T20:58:10","date_gmt":"2024-06-25T20:58:10","guid":{"rendered":"https:\/\/democrats.org\/?p=1036378"},"modified":"2024-06-25T20:58:11","modified_gmt":"2024-06-25T20:58:11","slug":"trumps-maga-veepstakes-vp-contenders-would-help-trump-rig-the-economy-for-himself-and-his-ultra-wealthy-donors","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-vp-contenders-would-help-trump-rig-the-economy-for-himself-and-his-ultra-wealthy-donors\/","title":{"rendered":"Trump\u2019s MAGA Veepstakes: VP Contenders Would Help Trump Rig the Economy for Himself and His Ultra-Wealthy Donors"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

As Donald Trump\u2019s VP contenders trip over themselves to prove they will continue to help him push his failed MAGAnomics agenda, <\/em>DNC Rapid Response Director Alex Floyd released the following statement: <\/em><\/strong><\/p>\n\n\n\n

\u201cDonald Trump\u2019s VP contenders are willing to help him rig the economy for himself and his ultra-rich donors at the expense of hardworking families. But no amount of spin from his desperate MAGA lackeys changes Trump\u2019s failed MAGAnomics record of ballooning the deficit and letting billionaires pay less in taxes than working Americans for the first time in history, and leaving with the worst jobs record since the Great Depression. The American people rejected this extreme and out-of-touch MAGAnomics agenda in 2020, and they\u2019ll reject Trump and whichever MAGA minion ends up as his running mate again in November.\u201d<\/p>\n\n\n\n

Donald Trump\u2019s VP contenders support his disastrous MAGAnomics agenda that rigged the economy for the ultra-wealthy and failed hardworking Americans.<\/strong><\/p>\n\n\n\n

Tim Scott<\/strong><\/a>: \u201cWe make the Tax Cuts and Jobs Act tax cuts permanent.\u201d<\/p>\n\n\n\n

Doug Burgum<\/strong><\/a>: \u201cI believe in these economic policies, I believe the tax bill is a great thing.\u201d<\/p>\n\n\n\n

Marco Rubio<\/strong><\/a>: \u201cOverall, the Republican tax-cut bill has been good for Americans. That is why I voted for it.\u201d<\/p>\n\n\n\n

Tom Cotton<\/strong><\/a>: \u201cTrump’s tax cuts helped deliver the strongest economy in recent history.\u201d<\/p>\n\n\n\n

CNBC<\/a>: \u201cBen Carson<\/strong> leads prayer for tax cuts at Trump Cabinet meeting\u201d<\/p>\n\n\n\n

KOTA<\/a>: \u201cRepublicans are calling President Trump\u2019s tax plan the biggest tax overhaul in history. \u2026 Representative Kris[ti] Noem<\/strong> was a big part in pushing this bill.\u201d<\/p>\n\n\n\n

Fox Business<\/a>: \u201cTrump\u2019s tax policies have worked out for all of America: Rep. Byron Donalds<\/strong>\u201d<\/p>\n\n\n\n

Vivek Ramaswamy<\/strong><\/a> on a suggestion to make permanent or expand the Trump tax cuts: \u201cI\u2019d go a little further, Larry, than that, to be honest with you.\u201d<\/p>\n\n\n\n

Alabama Political Reporter<\/a>: \u201cKatie Britt<\/strong> on Monday released a memo with her policy positions \u2026 [including] a bill to make permanent the individual tax cuts and extend the expanded standard deduction contained in President Trump\u2019s 2017 Tax Cuts and Jobs Act. \u2026 a pro-growth tax reform bill reducing business tax rates, repealing the Death Tax, and making the expensing of capital assets permanent. \u2026 a bill to repeal the state and local tax deduction.\u201d<\/p>\n\n\n\n

Wesley Hunt<\/strong><\/a>: \u201cI supported the 2017 Tax Reform bill.\u201d<\/p>\n\n\n\n

Trump\u2019s VP contenders are standing by him as he promises his ultra-wealthy backers political favors while begging for campaign cash\u2026<\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cTrump makes sweeping promises to donors on audacious fundraising tour\u201d<\/p>\n\n\n\n

\u201cAs he closed his pitch at the Pierre Hotel, Trump explained to the group why it was in their interest to cut large checks. If he was not put back in office, taxes would go up for them under President Biden, who vows to let Trump-era tax cuts on the wealthy and corporations expire at the end of 2025.<\/p>\n\n\n\n

\u201cSeconds after promising the tax cuts, Trump made his pitch explicit. \u2018So whatever you guys can do, I appreciate it,\u2019<\/strong> he said.\u201d<\/p>\n\n\n\n

Fox News<\/a>: \u201cVP hopefuls dueling for dollars as they show off their fundraising clout for Trump\u201d<\/strong><\/p>\n\n\n\n

\u201cAs they audition for the role of Donald Trump’s running mate, potential vice presidential nominees are showing off their ability to help the former president raise much-needed campaign cash. <\/p>\n\n\n\n

\u201cClosed-door fundraisers with top-dollar Republican donors appear to be the latest screen test venue for those vying to land on the GOP ticket alongside Trump<\/strong>, joining a list that includes teaming up with the former president at his rallies and showing up at his criminal trial in New York City in support of Trump.\u201d<\/p>\n\n\n\n

Reuters<\/a>: \u201cSenator J.D. Vance, a potential running mate for Trump who previously lived in San Francisco and worked in venture capital, will attend the event, according to a source familiar with his plans. Vance helped organize the fundraiser and was a point of contact between [David] Sacks and the Trump campaign.\u201d<\/p>\n\n\n\n

Axios<\/a>: \u201cSen. J.D. Vance (R-Ohio), a top possible VP pick for former President Trump, has spent the past six months lobbying some of the heaviest hitters in Silicon Valley to back Trump.\u201d<\/strong><\/p>\n\n\n\n

Fox News<\/a>: \u201cSenator’s fundraising skill could be winning ticket for Trump’s veepstakes\u201d<\/p>\n\n\n\n

New York Times<\/a>: \u201cA financial show of force for [Tim] Scott\u2019s group could lift his chances of being selected by Mr. Trump, who has spoken to advisers at Mar-a-Lago about which potential running mates could help the campaign raise money.\u201d<\/strong><\/p>\n\n\n\n

Politico<\/a>: \u201cTrump\u2019s vice presidential contenders have been taking aggressive steps to distinguish themselves, such as doing interviews with national news outlets, fundraising for the former president and attending his hush money trial in New York.\u201d<\/p>\n\n\n\n

\u2026and even asked Big Oil and Gas CEOs to give $1 billion to his campaign and vowed to immediately roll back environmental regulations in exchange.<\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cWhat Trump promised oil CEOs as he asked them to steer $1 billion to his campaign\u201d<\/strong><\/p>\n\n\n\n

\u201cYou all are wealthy enough, [Trump] said, that you should raise $1 billion to return me to the White House.<\/strong> At the dinner, he vowed to immediately reverse dozens of President Biden\u2019s environmental rules and policies and stop new ones from being enacted, <\/strong>according to people with knowledge of the meeting.<\/p>\n\n\n\n

\u201cGiving $1 billion would be a \u2018deal,\u2019 Trump said<\/strong>, because of the taxation and regulation they would avoid thanks to him, according to the people. \u2026 Trump\u2019s remarkably blunt and transactional pitch reveals how the former president is targeting the oil industry to finance his reelection bid.<\/strong><\/p>\n\n\n\n

\u201cThe contrast between the two candidates on climate policy could not be more stark. \u2026 Trump has called climate change a \u2018hoax,\u2019 and his administration weakened or wiped out more than 125 environmental rules and policies over four years.<\/strong><\/p>\n\n\n\n

\u201cDespite Trump\u2019s huge fundraising ask, oil donors and their allies have yet to donate hundreds of millions to his campaign. They have contributed more than $6.4 million to Trump\u2019s joint fundraising committee in the first three months of this year, according to an analysis by the advocacy group Climate Power.\u201d<\/p>\n\n\n\n

The Guardian<\/a>: \u201cTrump promised US oil bosses to scrap climate laws for $1bn donation\u201d<\/strong><\/p>\n\n\n\n

REMINDER: Trump\u2019s MAGAnomics agenda left him with the worst jobs record in modern American history, as jobs were offshored and he ballooned the deficit.<\/strong><\/p>\n\n\n\n

Fortune<\/a>: \u201cTrump to leave office with the worst jobs record since Herbert Hoover\u201d<\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cPresident Trump took office at the crest of the longest economic expansion in U.S. history. He leaves presiding over the worst labor market in modern U.S. history, as an already-sputtering economic recovery has turned negative.\u201d<\/strong><\/p>\n\n\n\n

The Guardian<\/a>: \u201cDonald Trump\u2019s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.\u201d<\/strong><\/p>\n\n\n\n

Bloomberg<\/a>: \u201cThe Offshoring of U.S. Jobs Increased on Trump\u2019s Watch\u201d<\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cTrump promised \u2018America First\u2019 would keep jobs here. But the tax plan might push them overseas.\u201d<\/strong><\/p>\n\n\n\n

Washington Post Analysis<\/a>: \u201cOne of President Donald Trump\u2019s lesser-known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch.<\/strong> The financial burden that he\u2019s inflicted on our government will wreak havoc for decades, saddling our kids and grandkids with debt. The national debt has risen by almost $7.8 trillion during Trump\u2019s time in office\u2026 The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration.\u201d<\/p>\n\n\n\n

Politico<\/a>: \u201cThe nation\u2019s fiscal outlook looks ever bleaker, thanks in part to deficit spending during President Donald Trump\u2019s first term, Congress\u2019 nonpartisan budget scorekeeper projected Tuesday.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

As Donald Trump\u2019s VP contenders trip over themselves to prove they will continue to help him push his failed MAGAnomics agenda, DNC Rapid Response Director Alex Floyd released the following statement:  \u201cDonald Trump\u2019s VP contenders are willing to help him rig the economy for himself and his ultra-rich donors at the expense of hardworking families. […]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1036378","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nTrump\u2019s MAGA Veepstakes: VP Contenders Would Help Trump Rig the Economy for Himself and His Ultra-Wealthy Donors - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-vp-contenders-would-help-trump-rig-the-economy-for-himself-and-his-ultra-wealthy-donors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T20:58:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-25T20:58:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/signal-2024-05-21-225610_002.png?w=780\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-vp-contenders-would-help-trump-rig-the-economy-for-himself-and-his-ultra-wealthy-donors\/\",\"url\":\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-vp-contenders-would-help-trump-rig-the-economy-for-himself-and-his-ultra-wealthy-donors\/\",\"name\":\"Trump\u2019s MAGA Veepstakes: VP Contenders Would Help Trump Rig the Economy for Himself and His Ultra-Wealthy Donors - 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