During a press briefing Thursday, House Minority Leader Nancy Pelosi (D-CA) continued to bash the Republican-led Tax Cuts and Jobs Act, even after a number of companies have announced wage increases or larger year-end bonuses.
Pelosi called the added benefits “crumbs” and “so pathetic” when asked about corporate America’s reaction to the tax bill.
“A number of companies are attributing the tax bill for being able to give higher wages to their employees as well as being able to give a number of bonuses to their employees. How do you respond to that?” a reporter asked.
“In terms of the bonus that corporate America received versus the crumbs that they are giving to workers to kind of put the schmooze on is so pathetic,” Pelosi replied. “It’s so pathetic.”
“I would hope that with their big advantage of bringing money home at a very low rate that they would invest in infrastructure and things,” she continued. “But our experience has been that they will do dividends, do stock buybacks and things like that. I think it’s insignificant.”
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