I’ve been writing quite a bit about the budgets from the House and Senate Budget Committees this week, and it’s all rather discouraging—especially since proposals that would have devastating consequences for low-income women and families are couched in misleading language about “expand[ing] opportunity” and “building an economy that works for all Americans.” So today I’m happy to write about the budget plan introduced by the Congressional Progressive Caucus, called “The People’s Budget.” Its sponsors say the plan “drives a full economic recovery by creating high-quality jobs and reducing family expenses,” and “creates fair tax rates for millionaires and provides needed relief to low- and middle-income families.” And guess what? It actually does! Read more »
Earlier this week, the House released a proposed budget for Fiscal Year 2016 (FY2016) which would leave millions of women and their families without the financial security of high quality health insurance, unable to access the health care services they need, and facing dramatic increases in their healthcare costs. To learn more about the details of House budget proposal, our analysis is available here.
Late yesterday, the Senate released their counterpart [PDF] to the House budget. The strategy is the same: repeal the Affordable Care Act and cut Medicare and Medicaid. The results would be the same, too: millions of women left without access to affordable health coverage and the care they need.
Budget season is now in full swing on Capitol Hill. Hot on the heels of Rep. Price’s House budget resolution, Senate Budget Committee Chairman Mike Enzi (R-WY) released his own budget plan yesterday afternoon. Sen. Enzi’s proposal differs from Rep. Price’s plan in a few respects, such as defense spending, and it is even sketchier on the details—but it is clear that both budgets share an appalling disregard for the needs of low-income Americans—and a commitment to protecting tax breaks for wealthy Americans and corporations. Like the Price budget, the Enzi budget would: Read more »
House Budget Chairman Tom Price (R-GA) just released a budget resolution outlining his priorities for FY 2016 and beyond. While the introduction to his plan observes that “[t]he economy is not working for many Americans,” and “[a] lot of people are struggling to keep up or are being left behind altogether,” he has a funny way of showing his concern for their plight; like the budget plans put forward in recent years by Price’s predecessor, Rep. Paul Ryan (R-WI), the Price plan balances the budget on the backs of vulnerable women and their families. The Price budget would: Read more »
Before heading out for the President’s Day recess, the House of Representatives passed a package of business tax breaks that would cost $79 billion over the next 10 years. The bill doesn’t close any tax loopholes, so all of its cost would be added to the deficit.