John Faso triumphed part of the Republican Tax Bill while warning of increasing federal debt during a breakfast with the Ulster County Chamber of Congress Thursday…

Democratic Primary Candidate Pat Ryan was also at the event, and called Faso’s assertion the tax bill would spur economic growth “classic trickle-down.”

“The forecast of getting a four percent growth is not going to happen when all you’re doing is giving a bunch more money back to big companies and wealthy people,” he said.

The way to stimulate the economy was through government investment, especially in infrastructure, Ryan said, “But this tax bill did the exact opposite, it took that money — we could have invested it — and gave it to people who already had money.”

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Categories: Press Coverage