House Republicans Approve $5 Trillion in Budget Cuts
House Republicans on Wednesday night passed a budget that eliminates nearly $5 trillion from social welfare programs over the next decade and envisions regressive tax reforms and calls for the repeal of President Obama’s health care law.
House Speaker John Boehner, right, listens as House Majority Whip Steve Scalise speaks on Capitol Hill on March 24. (AP / Lauren Victoria Burke)
House Republicans on Wednesday night passed a budget that eliminates nearly $5 trillion from social welfare programs over the next decade and envisions regressive tax reforms and calls for the repeal of President Obama’s health care law.
The Guardian reported:
The budget’s final passage, by 228 votes to 199, came shortly after Republicans bumped up recommended defense spending to levels proposed by president Barack Obama.
The plans themselves are non-binding and do not require a presidential signature. Instead, once the House and Senate agree on a common approach, lawmakers will have to draft legislation to carry out the program that Republicans have vowed to follow in the wake of campaign victories last fall that gave them control of both houses of Congress.
Much of the budget’s savings would come from programs that aid low-income demographics, although details were sketchy.
Read more here.
— Posted by Alexander Reed Kelly.
If you're reading this, you probably already know that non-profit, independent journalism is under threat worldwide. Independent news sites are overshadowed by larger heavily funded mainstream media that inundate us with hype and noise that barely scratch the surface. We believe that our readers deserve to know the full story. Truthdig writers bravely dig beneath the headlines to give you thought-provoking, investigative reporting and analysis that tells you what’s really happening and who’s rolling up their sleeves to do something about it.
Like you, we believe a well-informed public that doesn’t have blind faith in the status quo can help change the world. Your contribution of as little as $5 monthly or $35 annually will make you a groundbreaking member and lays the foundation of our work.
Support Truthdig
The budget proposal offers a terrifying preview of what we can expect from Trump if he wins another four years in office.
The former mayor of South Bend, Indiana, draws fire for claiming it's "not fashionable in progressive circles" to talk about the deficit.
Iraqis are demanding an end to corruption and sectarianism, while also objecting U.S. troops and Iranian influence.
From Chile to Iraq, popular uprisings against austerity and corruption are spreading like wildfire at a crucial point in history.
Working people are rising up against austerity, yet our political press only sees fit to describe the threat they pose to law and order.
A U.N. health expert warns increasing inequality is taking a steep psychological toll on the U.S., the U.K. and nations across the West.
There are currently no responses to this article.
Be the first to respond.