Republican Budget Would Deal a Blow to Middle Class

Republican Budget Would Deal a Blow to Middle Class

House Republicans on Tuesday laid out a 2016 spending blueprint that would slash Medicare, repeal the Affordable Care Act, junk a  Medicaid expansion which helped millions get affordable insurance, gut a Wall Street reform law and freeze Pell grants that help students afford college. Sen. Bernie Sanders, the ranking member of the Senate Budget Committee, said he expects a Senate budget – due to be detailed on Wednesday – to mirror the House panel’s attack on the middle class and seniors while showering millionaires with more tax breaks.

“The House budget is the Robin Hood principal in reverse. It takes from the poor and working families and gives it to the rich and multi-nationals corporations. It is a budget proposal that must be defeated. At a time when so many people are struggling and we have grotesque levels of wealth inequality, this budget cuts nutrition programs for kids, Medicare for seniors and education opportunities for young people. And then to add insult to injury, this budget plans offers huge tax breaks to the rich and large corporations,” Sanders said. “I will be offering a strong series of amendments in committee and on the Senate floor to change these disastrous proposals.”

At hearings later this week of the Senate budget panel, Sanders said he and Democrats on the committee intend to offer amendments spelling out their priorities, including providing jobs by rebuilding roads, bridges and other infrastructure projects, raising the minimum wage, improving overtime pay, addressing pay equity for women workers, preventing cuts to Social Security and Medicare, making college education affordable and reforming the tax system.