Breaking Down The Budget
On March 29, 2012, the House of Representatives passed H. Con. Res. 112, the Republican’s fiscal year 2013 budget proposal. It was a partisan proposal with absolutely no chance of passing the Senate.
This bill would –
· End the Medicare Guarantee and shift costs to seniors;
· Preserve tax breaks for Big Oil;
· Give millionaires an average tax cut of $394,000;
· Significantly reduce transportation investments;
· Ship U.S. jobs overseas;
· Slash SNAP funding and other key block-grants;
· Dismantle the federal Pell Grant program; and
· Jeopardize the future of Social Security.
Earlier this year, I testified before the House Budget Committee about the key funding priorities for my congressional district. You can read this testimony here.
I also worked with my colleagues to ensure that these concerns were addressed in three alternatives to the Republican Budget –
All three proposals protect key programs serving working Americans, families, and seniors, while addressing the serious fiscal challenges facing generations to come. These budgets put Americans back to work, protect America’s safety net, and invest in education, transportation, infrastructure, innovation, research, and small business. Perhaps most importantly, these proposals are balanced – they do not unfairly punish seniors, students, and struggling families.
Please visit the Budget & Appropriations section of my website to better understand the annual federal budget and appropriations process.