House Republicans pass Ryan budget
House Republicans pushed through the controversial Ryan budget on Thursday by a vote of 228 to 191, but the bill has little hope of clearing the Democrat-controlled Senate.
The fiscal year 2013 budget, proposed by House Budget Committee Chairman Paul Ryan (R-Wis.), would privatize Medicare, deeply slash funding for Medicaid and Children’s Health Insurance Program, eliminate nearly all non-defense discretionary programs but give a 10% tax cut to corporations and wealthy Americans making more than $388,000 a year.
Democratic lawmakers attacked the Ryan budget, saying that it will end the Medicare guarantee for seniors and derail the fragile economic recovery.
“This Republican plan will weaken economic growth and according to independent analysts, result in over 2 million jobs lost over the next two years. It rewards corporations that ship American jobs overseas, while slashing investments in education, in science and research, and infrastructure that help America grow our economy right here at home. In short, it is a path to greater prosperity, if you’re already wealthy, leaving seniors, working Americans, and future generations behind,” said Rep. Chris Van Hollen (D-Md.), Ranking Member of the House Budget Committee.
- Thomas.LOC.gov: Summary of H.CON.RES.112 “Establishing the budget for the United States Government for fiscal year 2013 and setting forth appropriate budgetary levels for fiscal years 2014 through 2022”
- Clerk.House.gov: Roll call #151
- VanHollen.House.gov: Floor statement on House Republican budget on March 28, 2012
- Democrats.Budget.House.gov: Summary of the 2013 Democratic budget (PDF)
- Democrats.Budget.House.gov: Amendment in the nature of a substitute to H. Con. Res. 112 (PDF)
- Thomas.LOC.gov: H. AMDT 1004 sponsored by Rep. Chris Van Hollen
- Clerk.House.gov: Roll call #150
- WhatTheFolly.com: Analysis: Obama budget proposes tax reforms and spending cuts to reduce long-term deficit
- WhatTheFolly.com: Analysis: Republican budget will cripple Medicare, Medicaid & children’s health insurance
Category: Analysis, Congress, Current Events, Economy, Election 2012, Government, Health care, News, Politics, Social Services, Tax Dollars at Work, Tax Policies, U.S. · Tags: Affordable Care Act, balanced budget, Barack Obama, children, CHIP, Chris Van Hollen, Congress, corporate tax reform, deficit reduction, Democratic, Democrats, drastic budget cuts, economic recovery, election 2012, federal budget, federal budget 2013, federal debt, federal deficit, federal spending, GOP, health care, House Budget Committee, Medicaid, Medicare, Medicare Part D, national debt, Paul Ryan, reduce deficit, Republican, Republicans, tax, tax reform, U.S., U.S. tax reform, United States, US Senate