A new report from the nonpartisan Congressional Budget Office (CBO) confirms that President Trump’s Big Ugly Law overwhelmingly benefits the ultra-rich, while working Americans pay the price. The report makes clear that the Big Ugly Law steals from working families to hand billionaires massive tax breaks.

Congressman Brendan F. Boyle (PA-02), Ranking Member of the House Budget Committee, released the following statement after Donald Trump signed the Big Bill for Billionaires into law.