House Republicans on Thursday muscled through a slash-and-burn budget that would hurt seniors on Medicare and Social Security, families and on Medicaid, children and seniors who rely on food stamps and college students struggling to afford tuition. Millionaires, meanwhile, would get an average $200,000 a year cut in their taxes as part pf the plan that caters to the need of the wealthy and the powerful. “Vulgar and obscene,” was how Sen. Bernie Sanders, a member of the Senate Budget Committee, summed up the House plan in an interview on MSNBC with the Rev. Al Sharpton.
The House voted 219-205 in favor of the Paul Ryan budget which would provide $5 trillion in tax breaks over 10 years for the wealthy and those corporation which actually pay any federal income taxes. The Ryan budget would provide an average tax break of at least $200,000 a year to millionaires. It would end Medicare as we know it by giving seniors an inadequate coupon to purchase health insurance that many of them will not be able to afford. Under the Ryan budget, at least 40 million Americans would lose their health insurance over a 10-year period by cutting Medicaid by more than $1.5 trillion; and repealing the Affordable Care Act. The Ryan budget would kick at least 3.8 million Americans off of Food Stamps by cutting this program by more than $125 billion, at a time when more than 47 million Americans cannot afford to feed themselves or their families. At a time when the cost of a college education is becoming out of reach for millions of Americans, the Republican budget would slash college Pell grants by $125 billion over the next decade. Today, the maximum Pell Grant only covers less than a third of college costs. The Ryan budget would make a bad situation even worse. And at a time when the United States spends almost as much on defense as the rest of the world combined, the Ryan budget would increase spending at the Pentagon by nearly $500 billion.