Issues / Legislation » Federal Budget & Taxes

The House GOP Leadership Budget is the Wrong Vision for America

On behalf of GOP House leaders, Budget Committee Chairman Paul Ryan (R-WI) has put forth a ten-year federal budget plan that would kill jobs, hurt families and send the economy into a tailspin.

Rather than drafting a budget that promotes prosperity for the middle class, and those working to get into the middle class, the budget showers new tax breaks on wealthy individuals and corporations and pays for them by cutting Medicare and Medicaid.

The budget also slashes funding for public services carried out by state and local governments. 

Ordinary Americans seek a fair shot at the American Dream and are willing to work for their dream.  But the policies in this budget fail the most basic test of creating opportunity for those who work hard and play by the rules.

The House GOP Budget Fails to Invest in Jobs and Our Future

Rather than creating jobs, the budget continues harmful tax breaks to corporations that ship jobs overseas.

Despite a crumbling infrastructure, the budget slashes transportation investments and reduces funding for scientific research for new technologies that will create jobs for the future.

The budget cuts funding for primary and secondary education and reduces grants available to low and moderate-income students who attend college or technical school.

The House GOP Budget Breaks Promises to Seniors

The budget transforms Medicare from an entitlement that guarantees specific benefits, into a voucher which seniors would use to go out and purchase private insurance plans on their own.

For most seniors, the voucher would not provide coverage that equals traditional Medicare.  As a result, more costs would be shifted onto seniors

Many seniors would not be able to keep their doctors.  Over time, the budget also raises the age at which seniors become eligible for Medicare coverage, from age 65 to 67.

The House GOP Budget Cuts Medicaid and Repeals the Affordable Care Act

Federal Medicaid funding to the states would be cut by 36% over ten years.  Such a substantial cut would force states to cut spending on other services, reduce health care coverage, or both. It is likely that states would be forced to cut home care services and nursing home care for seniors and people with disabilities and to reduce health care coverage for low-income children.   

The Ryan budget would repeal the Affordable Care Act and all of its protections.  Once again, insurance companies would be allowed to exclude people with pre-existing conditions and to drop consumers when they become ill. 

Seniors would lose the ACA’s Medicare improvements, including discounts on prescription drugs and free preventive services such as cancer screenings and vaccinations.  Repealing the ACA would also cause those who have already gained coverage through the law - more than 10 million people - to lose it.

House GOP Budget Cuts Taxes for the Wealthy and Well-Connected

Rather than restore fairness to our tax system, the budget further reduces the taxes that corporations and the wealthy would pay.

It would raise taxes on middle class families with children by an average of at least $2,000.  Moreover, the budget fails to identify a single special interest tax break that would be ended to reduce the deficit.   

Take Action Now

The House of Representatives will vote on the GOP leadership’s budget this week.  Call your Representative toll-free at 1-855-712-8590.

Urge him/her to vote against Rep. Ryan’s unbalanced, unfair budget proposal.

Tell your Representative that it is wrong to make deep cuts in Medicare, Medicaid, education, transportation and other vital services, while cutting taxes for the wealthiest Americans and profitable corporations. 

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