Two Months after Top-Heavy Tax Cuts, Trump Budget Proposes “Savings” by Making Cuts to Safety Net Programs
news releaseFollowing is a statement by Alan Essig, executive director of the Institute on Taxation and Economic Policy, regarding the White House budget proposal released today. The plan includes unrealistic economic growth projections and would cut Medicare, Medicaid, SSI, SNAP and other programs that lower-income Americans rely on for health care, food and economic security.
“In case it was not apparent after the White House pushed for a tax plan that overwhelmingly benefits corporations and the rich, the White House budget proposal is clear on what and whom it prioritizes: wealth over work, corporate interests before the public good.”