ICYMI: Nonpartisan CBO Confirms That GOP Budget Resolution Requires Cuts to Medicaid or Medicare
WASHINGTON, D.C. — Yesterday, the nonpartisan Congressional Budget Office confirmed the truth that Republicans have attempted to conceal for weeks: House Republicans’ plan to give massive tax breaks to billionaires requires devastating cuts to Medicaid or to Medicare – despite promises from President Trump to leave these programs untouched.
An overwhelming bipartisan majority of Americans oppose cuts to Medicaid (82%) and Medicare (85%). In fact, 71% of Trump voters find cutting Medicaid unacceptable. Americans across the country are speaking out against Republicans’ budget proposal, refusing to foot the bill for tax breaks for millionaires and billionaires. Congressional Republicans are even cancelling events in their districts to avoid hearing from their own constituents.
“Whether or not House Republicans are willing to own up to it, the new CBO report reveals the truth: Their budget proposal would jeopardize the health care of millions of people all to pay for massive tax breaks for billionaires and giant corporations,” said Unrig Our Economy spokesperson Kobie Christian. “House Republicans’ budget resolution is a fundamental betrayal of working- and middle-class families and Americans across the country won’t stop making their voices heard. When members return home for recess after next week, working people will continue to speak out and ask their representatives: Whose side are you really on? Families who can’t afford to lose their health care or billionaires who want another handout?”
Washington Post: GOP must cut Medicaid or Medicare to achieve budget goals, CBO finds
- Republicans in Congress cannot reach their goal of cutting at least $1.5 trillion in spending over the next 10 years for President Donald Trump’s “big, beautiful bill” on taxes and immigration unless they cut Medicaid or Medicare benefits, lawmakers’ nonpartisan bookkeeper reported Wednesday.
- More than 60 million Americans rely on each program for medical coverage, retirement security, unemployment due to disability and survivor benefits, and cutting benefits in any of them could be politically toxic.
- But the House GOP’s budget, which passed last week in a hair-line vote, asks the committee responsible for federal health care spending to find at least $880 billion in savings over 10 years. And the Congressional Budget Office said Wednesday that reducing costs that much won’t be possible without cuts to Medicare, Medicaid or the Children’s Health Insurance Program.
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About Unrig Our Economy
Unrig Our Economy is a national campaign to fix the rules of our economy to make it work for working people. We know that when the middle class does well, all of us do well — which is why we’re fighting on behalf of working Americans and holding corporations, their wealthy executives, and the politicians who enable them accountable.