Center for American Progress

RELEASE: The House Budget Revives the Worst Parts of the Trump Budget, Will Harm Working Families in Order to Pay for Millionaire Tax Cuts, New CAP Analysis Shows
Press Release

RELEASE: The House Budget Revives the Worst Parts of the Trump Budget, Will Harm Working Families in Order to Pay for Millionaire Tax Cuts, New CAP Analysis Shows

Washington, D.C. — The budget released today by U.S. House leadership revives the worst parts of the Trump budget and will harm working families in order to pay for tax cuts for millionaires, according to a new Center for American Progress column.

“Many dismissed Trump’s budget as a ‘fantasy’ or ‘dead on arrival,’ but this budget proposal shows how House Republicans are marching in lockstep with the president’s slash-and-burn approach that clears a path for huge, unnecessary tax cuts for the rich,” said Harry Stein, director of fiscal policy at CAP. “From education and affordable housing to clean air and water, virtually no basic necessities are safe from cuts in the House Republicans’ budget.”

CAP’s column looks at eight ways in which the House proposal makes drastic cuts to programs that broadly support working- and middle-class families—cuts made in order to pave the way for huge, unnecessary tax cuts for wealthy Americans and corporations. CAP’s analysis looks at how the House budget will:

  • Enable Congress to use budget reconciliation to pass huge tax cuts for the wealthy and corporations—paid for with deep cuts to programs for working families—without needing any Democratic votes
  • Reduce college affordability in all 50 states
  • Hurt people with disabilities in all congressional districts, as a result of cuts to Social Security and other programs for people with disabilities
  • Make housing less affordable in all congressional districts
  • Take away nutrition assistance for children and families in all congressional districts, as a result of cuts to the Supplemental Nutrition Assistance Program
  • Eliminate jobs in all 50 states, as a result of cuts to infrastructure programs
  • Endanger air quality and more than 22 million asthma sufferers in all 50 states, as a result of cuts to the U.S. Environmental Protection Agency (EPA)
  • Neglect toxic waste cleanup efforts in all 50 states, also as a result of cuts to the EPA

Click here to read “8 Ways the House Republicans’ Budget Will Harm Working Families to Pay for Millionaire Tax Cuts” by Harry Stein, Rebecca Vallas, Thomas Huelskoetter, Jamila Taylor, Neil Campbell, Angela Hanks, Katherine Gallagher Robbins, Michela Zonta, Sarah Edelman, Rachel West, Kevin DeGood, Alison Cassady, Seth Hanlon, Antoinette Flores, and Andrew Schwartz.

For more information or to speak with an expert, contact Allison Preiss at [email protected] or 202.478.6331.