Washington, D.C. — Neera Tanden, president and CEO of the Center for American Progress, released the following statement today after President Donald Trump proposed his fiscal year 2021 budget:
By now, three years into his presidency, Trump has made his priorities abundantly clear: massive tax cuts for his wealthy donors and corporations, paid for on the backs of everyday people. This budget is more evidence of that. Trump is paying for his tax cuts by slashing Medicaid, Medicare, the Affordable Care Act, and Social Security by more than $1 trillion. This budget is especially cruel given that inequality has risen to record highs and so many people are struggling. More than 40 percent of Americans say that they wouldn’t be able to come up with $400 in the case of an emergency, and this budget would make things harder for these families to make ends meet. Trump’s FY 2021 budget makes clear where his priorities lie—with the wealthy, the well-connected, and corporations.
For more information on this topic or to speak with an expert, contact Julia Cusick at [email protected] or 202-495-3682.