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Jeff Van Drew on Taxes and the Deficit: Tipping the Vote on $4.5 Trillion in Borrowed Tax Cuts, $13,600 a Year for the Richest Tenth, and a 2026 Vote Hailing the Law

The tax side of Jeff Van Drew's record runs from April 10, 2025, when his vote tipped the budget resolution that let the tax writers add up to $4.5 trillion to deficits, through May 22, when his yes decided the House bill, to July 3, when he voted for the final law; under it, the Congressional Budget Office estimates, the richest tenth of households gains about $13,600 a year and the poorest tenth loses about $1,200.

On April 16, 2026, Van Drew voted for a House resolution hailing the law as the "Working Families Tax Cuts." The Medicaid and SNAP cuts that leave the bottom tenth behind include $28.71 billion in federal Medicaid funding that KFF says New Jersey loses over ten years.

Jeff Van Drew's Votes on the One Big Beautiful Bill Act's Taxes and Debt

What Jeff Van Drew's Tax Votes Mean for New Jersey Families

Frequently Asked Questions About Jeff Van Drew on Taxes and the deficit

What is Jeff Van Drew's record on taxes and the deficit under Trump?

Jeff Van Drew's 2025 votes decided both the April budget resolution, which allowed $4.5 trillion in borrowed tax cuts, and the House's May vote on the One Big Beautiful Bill Act; in July the final law also got his vote, and in April 2026 he voted for a resolution honoring it. Congressional Budget Office numbers, relayed by Thomson Reuters and the budget watchdog CRFB, show $4.2 trillion more federal debt through 2034 from the law, with the richest tenth up about $13,600 a year as the bottom tenth loses about $1,200.

Which households come out furthest ahead from Jeff Van Drew's tax vote?

Those at the very top: for 2026, the Institute on Taxation and Economic Policy projects that under the law Jeff Van Drew voted for, "More than 70 percent of the net tax cuts will go to the richest fifth," with the top 1 percent alone averaging upward of $70,000.

When do the tax breaks and the cuts in the law Jeff Van Drew voted for take effect in New Jersey?

The tax breaks came first: the law Jeff Van Drew voted for raised the child tax credit to $2,200 starting with 2025, while the spending cuts that help pay for them arrive later, with New Jersey's SNAP administrative share rising to 75 percent on October 1, 2026, the Medicaid work requirement due by January 1, 2027, and hospital payment limits starting January 1, 2028.

Will the national debt cost more to carry because of Jeff Van Drew's vote?

Yes: in the Congressional Budget Office's scores of the law Jeff Van Drew voted for, as the Committee for a Responsible Federal Budget tabulated them, the law adds $720 billion in interest costs through 2034 in the conventional estimate, and the higher interest rates in the dynamic estimate add another $405 billion. For context, CBO's February 2026 outlook, which reflects the law along with tariffs, immigration changes and other factors, shows that "Nominal interest costs will more than double from $970 billion in 2025 to $2.1 trillion by 2036," CRFB noted.

Last updated: 2026-10-27

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