The fiscal year 2017 House budget introduced by Republican leaders in March 2016 calls for massive spending cuts that would devastate working families while protecting the wealthiest Americans and big corporations from any tax increases. This approach is deeply unpopular with the American people—including a majority of Republican voters—but it is popular among wealthy Republican donors.
Large majorities of voters across party lines reject the cuts that Congress would have to make in order to address long-term fiscal challenges without any tax increases—particularly with regard to Social Security and Medicare. The wealthiest Americans, however, support these cuts. While the House budget attempts to avoid this tension by proposing a combination of unspecified and extreme cuts to other programs designed to benefit low-income Americans, Republican leaders in Congress have made clear that they are ultimately willing to side with the wealthy in cutting programs that otherwise enjoy broad public support.
Showing posts with label House Budget Committee. Show all posts
Showing posts with label House Budget Committee. Show all posts
Friday, March 25, 2016
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