"62 Percent Of The House Republican Budget Cuts Would Hit Programs For Low-Income Americans"
The House Republican Budget, in addition to providing $3 trillion in tax breaks to the rich and corporations, would gut the food stamp program, denying food assistance to millions of Americans. And that’s not the only way in which the budget, authored by House Budget Committee Chairman Paul Ryan (R-WI), would force the pain of austerity onto the poorest Americans.
In fact, according to a Center on Budget and Policy Priorities analysis, 62 percent of the cuts in Ryan’s budget would come from programs aimed at aiding low-income Americans, including Medicaid and Pell Grants.
There are even more cuts aimed at low-income Americans in this budget than there were in Ryan’s last effort. And these cuts would come on top of the cuts to discretionary spending already mandated by the Budget Control Act, the spending plan that Congress adopted during the debt ceiling debacle last August.
The GOP budget actually reneges on that deal, cutting discretionary spending even deeper, and as CBPP’s analysis shows, the pain of slashed federal spending would be pushed onto those Americans who can least afford it, while the richest Americans would receive huge, new tax breaks. In fact, under Ryan’s plan, while the poor would lose access to programs upon which they depend, millionaires would receive a $187,000 tax break.