Does the new congressional budget allocate money correctly?
Bill Summary
This bill establishes the congressional budget for the federal government for the 2018 fiscal year and sets forth budgetary levels for the 2019-2027 fiscal years. Sponsor: Rep. Black, Diane [R-TN-6]
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Opponents say
• Medicare spending will be slashed by $473 billion over a decade and requires $1 trillion in cuts to Medicaid, which puts many people’s lives at risk.
• This bill “threatens environmental and public health safeguards, provides tax cuts for millionaires and billionaires, and slashes programs and protections that benefit communities across the country, among other harmful provisions”
• This bill “threatens environmental and public health safeguards, provides tax cuts for millionaires and billionaires, and slashes programs and protections that benefit communities across the country, among other harmful provisions”
Proponents say
• Cutting from safety net programs, like Medicare and Medicaid, is needed to revive our economy. “If we continue to spend more than what we bring in year after year, it doesn’t matter how much tax reform we do. We have got to have restraint on what we spend.” - Rep. Diane Black.
• This bill reduces administrative burdens, provides financial relief to families across the economic spectrum, and initiates tax reform that is pro-growth.
• This bill reduces administrative burdens, provides financial relief to families across the economic spectrum, and initiates tax reform that is pro-growth.
