The U.S. Senate voted late last evening to approve a Budget Resolution that sets a framework for cuts to federal health care and education as well as tax cuts that mainly benefit corporations and the wealthiest households. The Resolution includes a $1.5 trillion tax cut that will increase the deficit and may force cuts to Medicare, Medicaid, Social Security, education, and other services that families rely on.
We are thankful that in New Hampshire our Senators Jeanne Shaheen and Maggie Hassan voted against the Resolution that could put Medicaid for 171, 500 Granite Staters and Medicare for 266,210 people with disabilities and seniors at risk.
The Senate budget includes $5.8 trillion in cuts to federal spending, including nearly $500 billion from Medicare and $1.3 trillion from Medicaid and other health care programs. Another $650 billion may be cut from income security programs, such as Supplemental Nutrition Assistance Program (SNAP, or food stamps), Supplemental Security Income (SSI) for individuals with disabilities, and tax credits for working families.
Time and time again, the Republicans in Congress have shown that their priority is taking care of the rich and big business, not the vast majority of Americans. They started with trying to repeal the Affordable Care Act, which would have taken health coverage and Medicaid from millions. Failing in that effort, thanks to the resistance mobilized by thousands of American, they have now turned to a budget plan that would make even more cuts to health care and other programs—all to give tax breaks to the people who need them least.
We’re so grateful that we can depend on Senators Shaheen and Hassan to stand up against cuts to Medicaid, Medicare, and other programs that families depend on. We will continue to need the Senators’ leadership as the GOP and President Trump move forward on implementing their plan for massive tax breaks for the rich and corporations paid for by cuts to our health care and education.
The Senate budget resolution creates instructions to make these cuts and write legislation with tax breaks that mainly benefit the wealthiest among us based on a framework laid out by President Trump earlier this year. Under the GOP plan, the richest 1% in New Hampshire would receive about 53.3% of the tax breaks.
These New Hampshire households are projected to have an income of at least $545,600 next year. The framework would provide them an average tax cut of $69,390 in 2018, which would increase their income by an average of 4.2 percent, while the poorest 20% of Granite Staters would see only 2.2% of the tax breaks under this proposal.
Rights & Democracy stands in opposition to the Trump-GOP tax plan that cuts health care, education, and other key social safety net programs to give tax breaks to the wealthiest Americans and corporations whose pockets and company coffers are already overflowing.
"Now, more than ever, we must reject a budget passed on the backs of low income folks, working families and America’s shrinking middle class. We must join together to fight for the health care and other programs hundreds of thousands of people in New Hampshire depend on," said Jessica Early, RAD's Health Care Justice Organizer.
"We are asking our members to call on Governor Sununu at (603) 271-2121 today and ask him to stand with Granite Staters—not with millionaires and billionaires—and urge him to reject his party’s tax plan," Early added.