Showing posts with label National Priorities Project. Show all posts
Showing posts with label National Priorities Project. Show all posts

Saturday, March 21, 2015

How The Republican Budget Screws The Middle Class

Ken O’Brien

“The simplest way to understand these budgets is surely to suppose that they are intended to do what they would, in fact, actually do: make the rich richer and ordinary families poorer,” wrote Paul Krugman, The New York Times ‘columnist and Noble Prize-winning economist. “We’re looking at an enormous, destructive con job, and you should be very, very angry.” 

The GOP-controlled House and Senate budgets drastically cut spending on education, retirement, environment, road and bridges, climate change, immigration, job creation, Obamacare, food stamps, and other social welfare programs. At the same time it gives the Pentagon a blank check, and includes tax cuts for the rich and corporations while raising taxes for lower-income Americans. That’s the analysis by the National Priorities Project (NPP), not just Krugman, and they make an even more disturbing point.