1. United States
2. N.C.
3. Letter

I am writing to express my deep concern regarding the proposed extension of the Tax Cuts and Jobs Act (TCJA) provisions that are set to expire at the end of 2025. As your constituent from Holly Springs, North Carolina, I urge you to prioritize fiscal responsibility and the needs of our entire community rather than supporting tax cuts that primarily benefit the wealthiest Americans. Just days ago, on May 16, 2025, Moody's downgraded the United States' credit rating from Aaa to Aa1, the last of the major rating agencies to strip our country of its top rating. Moody's specifically cited the failure of "successive US administrations and Congress to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs." This downgrade has real-world consequences for all Americans as it could lead to higher borrowing costs for our government and ultimately for individuals and businesses. The Congressional Budget Office estimates that extending the expiring TCJA provisions would cost approximately $4 trillion over the next decade. The Tax Foundation and other nonpartisan analysts have concluded that making these tax cuts permanent would significantly increase our national debt and deficits, even accounting for potential economic growth. According to their analysis, the tax cuts would disproportionately benefit higher-income earners, with the top quintile receiving a larger percentage increase in after-tax income than the bottom quintile. While my family is fortunate to be relatively financially secure, many of our neighbors in Holly Springs and across North Carolina are struggling. Rather than extending tax cuts that primarily benefit the wealthy, I urge you to: - Allow the TCJA provisions to expire as scheduled, particularly those that primarily benefit high-income earners - Consider targeted tax relief for working families and the middle class that doesn't dramatically increase our deficit - Protect and strengthen safety net programs that many North Carolinians rely on, rather than cutting them to offset tax cuts for the wealthy - Develop a bipartisan approach to address our growing national debt in a way that doesn't place the burden on those who can least afford it. As your constituent, I ask you to stand up for fiscal responsibility and for the majority of North Carolinians who would be better served by investments in our communities rather than by tax cuts that predominantly benefit the wealthiest among us. The recent credit rating downgrade should serve as a wake-up call that our current fiscal path is unsustainable. I appreciate your consideration of these concerns and encourage you to take bold action to protect the majority of Americans, not to continue to fill the pockets of the wealthiest.