2Center for American Progress | The 6 Key Failures of the House Republican Budget Plan
boh Republicans and Democras jus eigh monhs ago. And so once again his appearso be a budge specically designed o caer o he riches 1 percen while poking every-one else—including he middle class and anyone who wans o see biparisan agreemenon he ederal budge—righ in he eye.Here are he six mos imporan ailures o he new House budge plan. I would:
Undermine he middle class
Rig he sysem even more heavily in avor o he riches 1 percen
End he Medicare guaranee and raise healh care coss or seniors
Undercu he economic recovery
Deviae dramaically rom a balanced approach o deci reducion
Renege on las year’s biparisan budge agreemenLe’s look a each in urn.
Undermining the middle class
Nearly every imporan elemen o he new budge proposal rom he Republicanleadership in he House would weaken he middle class in America. Firs and oremos,he plan ends he Medicare guaranee o decen healh insurance in reiremen. I alsoslashes criical middle-class invesmens, such as educaion and inrasrucure by 45 per-cen and 24 percen, respecively. I includes no a single new measure o help he nearly 13 million unemployed ge back ino a decen job. And on op o all ha, he middleclass would end up paying higher axes as well.
Rigging the system even more heavily in favor of the richest 1 percent
Bu his budge plan isn’ conen jus o ake rom he poor and middle class—i alsogives generously o he rich. I proecs exising ax breaks or hose a he op o heincome specrum, and hen goes he nex sep and oers hem huge new ax cus. Rep.Ryan and his colleagues insis ha he more han $3 rillion in ax cus or he rich won’resul in lower revenue, bu are deliberaely vague abou how he numbers could possi- bly add up. Te realiy is ha he only way o pay or such huge ax cus or he 1 percenis o make he 99 percen pick up he ab.
Ending the Medicare guarantee and raising health care costs for seniors
Teir plan or Medicare is similar o heir proposal rom las year o end he program as we know i. Tis year’s plan, jus like las year’s, calls or replacing he sysem we cur-