Republican Budget: ‘Of, By and For the 1%’
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20 Mar Republican Budget: ‘Of, By and For the 1%’

Posted at 09:59h in Corporate Greed, Labor News, Legislative News, National Labor Relations by
AFL-CIO–

The House Republican budget, crafted by Rep. Paul Ryan (R- Wis.) and unveiled today, provides a blueprint of what America would like look under Republican control, “a government of, by and for the 1%,” says AFL-CIO President Richard Trumka.

House Republicans have dropped all pretenses and laid out their plan to destroy Medicare and Social Security….The Republican plan would not only keep Bush tax cuts for the wealthy from expiring, but would actually cut taxes for rich people even further….The Republican plan would throw even more money away by giving multinational corporations massive new tax breaks to encourage them to export U.S. jobs overseas.

Trumka says the Ryan/Republican budget is a rehash of “the failed economic policies that caused the Great Recession.”

Working people overwhelmingly rejected Rep. Ryan and Republican leaders’ last irresponsible budget proposal and will resoundingly reject them again.

Click here for the full statement.

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