Analysis

House Republican Budget Threatens Middle-Class and Low-Income Americans, Offers Enormous Tax Cuts for the Rich

Washington, D.C.–(ENEWSPF)–March 12, 2013. For the third year in a row, Rep. Paul Ryan (R-WI) has offered a budget plan that asks much of middle-class and low-income families but nothing at all from those at the top, according to an analysis released today by the Center for American Progress. Authored by policy experts Michael Linden and Anna Chu, the analysis finds that just like the last two House Republican budgets, this year’s blueprint again turns traditional Medicare into a voucher system, hands out tax breaks for the rich, slashes investments that drive our economy, and favors European-style austerity over growth.

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