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Republican Budget Resolutions: Same Failed Top-Down Economics for Alabama
Republican Budget Resolutions: Same Failed Top-Down Economics for Alabama

Republican Budget Resolutions: Same Failed Top-Down Economics for Alabama

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The President's Budget builds on the progress we've made and shows what we can do if we invest in America's future and commit to an economy that rewards hard work, generates rising incomes, and allows everyone to share in the prosperity of a growing America. It lays out a strategy to strengthen our middle class and help America's hard-working families get ahead in a time of relentless economic and technological change. And it makes the critical investments needed to accelerate and sustain economic growth in the long run, including in research, education, training, and infrastructure. Republicans have chosen different priorities. Yet again, they are seeking to balance the budget on the backs of the middle class, while cutting taxes for the wealthy and well-connected. They still won't say where many of their spending cuts come from. But they are clear that their budgets would continue the harmful cuts known as sequestration in 2016, threatening economic growth, cutting programs middle-class families count on, and attempting to fund national security through irresponsible budget gimmicks. Their budgets slash domestic investments that support the middle-class even more significantly after 2016, along with programs that serve the most vulnerable Americans. House Republicans would end Medicare as we know it, transforming it from a guarantee seniors can count on into a voucher program. After five years of the Affordable Care Act, more than 16 million people have gained coverage. Yet once again, the Republican budgets propose to repeal the Affordable Care Act's coverage expansions.
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