Who would’ve thought that the Trump/GOP tax cuts would lead to cheaper electric bills? That’s what’s happening, though. While Democrats insist that these benefits helping the middle class are just PR stunts, the middle class’s reply is that they’re fine with PR stunts that save them money. BTW, the PR stunt line is the Democrats latest talking point to deflect criticism away from the fact that Democrats unanimously voted against the Trump/GOP tax cuts that are benefitting literally hundreds of thousands of people. They’re benefitting either through pay raises, bonuses, bigger employer contributions to the employees’ 401(k)s or, now, through cheaper utility bills.
The most dramatic news on the utilities front comes out of South Carolina, where a “$7.9 billion deal between utility companies Dominion Energy and Scana includes an unusual term loosely related to the tax bill that passed Congress at the end of 2017. All residential customers of Scana’s South Carolina Electric & Gas utility will get an average cash payment of $1,000 within 90 days of the deal being completed, the companies said in a statement. … Scana and Dominion are one of the first companies to explicitly say they will give their customers a credit as a result of the tax bill.”
In Illinois, “ComEd is filing a petition with the Illinois Commerce Commission (ICC) seeking approval to pass along approximately $200 million in tax savings to its customers in 2018. If approved by the ICC, the average ComEd residential customer can expect to see an estimated $2-$3 decrease on their monthly bill related to the tax reduction.” (ComEd, 1/5/2018)”
“Pepco today announced they will file with the Public Service Commission of the District of Columbia in early February, outlining plans to provide annual tax savings to more than 296,000 electric customers in the District of Columbia. If approved, Pepco would plan to begin providing a credit lowering customer bills starting in the first quarter of 2018. … ‘The tax law will result in lower bills for our customers and lower taxes for Pepco,’ said Dave Velazquez, President and CEO, Pepco Holdings, which includes Pepco. ‘We are pleased to provide these savings to our customers, while at the same time ensuring we are making prudent investments in the local power grid to maintain the safe, reliable, and affordable service our customers have come to expect.'” (Pepco, Press Release, 1/5/2018)
The point is that the middle class is definitely benefitting from the Trump/GOP tax cuts. That’s indisputable.
What’s important is for the American people to notice that Democrats made a political decision when Democrats, in the House and Senate, voted unanimously against the Trump/GOP tax cuts. Democrats from swing districts in America’s heartland didn’t listen to their constituents. Instead, those Democrats listened to Chuck Schumer and Nancy Pelosi. Speaking of Ms. Pelosi, watch this video, then determine whether she’s just plain wrong or whether she’s intentionally lying:
Ms. Pelosi insisted that the Tax Cuts and Jobs Act was “a bill that rewards corporations shipping jobs overseas.” Then Ms. Pelosi asked if there was justice in shipping jobs overseas. What the hell is she babbling about? Which corporations have announced that they’re moving their companies overseas since the Tax Cuts and Jobs Act was signed into law?
At some point, someone’s got to tell her that she’s either got a warped imagination or she’s liar without a conscience. There’s nothing resembling the truth about her speech. Nothing.