Wednesday, April 06, 2016

This week in the war on workers: House GOP budget attacks working people. Again.

Rss@dailykos.com (laura Clawson) · Saturday, April 02, 2016, 7:20 pm

The House Republican budget is extremely unlikely to become law, but it’s still worth taking a look at where their priorities are—and what Republicans would be doing if they controlled all of government. The plan:

… would cut programs for low- and moderate-income people by about $3.7 trillion over the next decade. In 2026, it would cut such programs overall by 42 percent — causing tens of millions of people to lose health coverage and millions to lose basic food or other support.

In addition, the plan would secure 62 percent of its budget cuts from low-income programs even though they account for just 28 percent of total non-defense program spending (and just 24 percent of total program spending, including defense).

While cutting supports and services severely for Americans of lesser means, the budget would secure no deficit reduction at all from the more than $1 trillion a year in tax credits, deductions, and other preferences, collectively known as “tax expenditures” — which disproportionately benefit high-income households ...

That’s $2.9 trillion in healthcare cuts by repealing Obamacare’s subsidies and Medicaid expansion, more than $150 billion in cuts to the Supplemental Nutrition Assistance Program, cuts to Pell Grants and the Child Tax Credit … all while letting the wealthy continue to reap tax benefits.

http://feeds.dailykos.com/~r/dailykos/index/~3/lkRJcA_LjXY/-This-week-in-the-war-on-workers-House-GOP-budget-attacks-working-people-Again

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