Successful anti-poverty solutions should be coordinated in a way that meets the needs of families and should build upon lessons learned from successful programs across the country. Efforts to improve the safety net should also be paired with broader reforms and investments to tackle the root causes of poverty.
House Budget Committee Chairman Paul Ryan’s speech on safety net reforms is either an outgrowth of his budget plans to gut the safety net or it backtracks on his promise to balance the budget. But he can’t have it both ways.
The Disinvestment Budget: Government Investments to Improve Our Economic Future Would be Crushed Under the Recently Passed House Budget
Federal spending on infrastructure, scientific research, early childhood education, disease treatment, space exploration, and college tuition could be slashed by nearly half over the next decade.
By circumventing a Congressional Budget Office scoring, Rep. Paul Ryan’s plan may have an even bigger downside for retirees than many have predicted.
At a time when federal research and development, or R&D, investment is stagnating, significant new contributions must be made to secure our continued global leadership in R&D. Rep. Ryan’s budget does just the opposite, significantly reducing the federal government’s commitment to it.
The conservative economic framework at the core of the Ryan budget remains stuck on supply-side and trickle-down theories that have been discredited and are out of touch with today’s economy.
The Ryan budget once again undermines America’s long-term economic future by cutting essential infrastructure programs that support job growth, trade, and the efficient movement of people and goods.
For the fourth straight year, Rep. Paul Ryan’s budget leaves communities of color behind in order to protect tax breaks for millionaires, Big Oil and big corporations.
This year’s Ryan budget once again slashes middle-class investments and the social safety net in order to continue giving tax breaks to millionaires, corporations, and Big Oil.
Economic research shows that the safety net reduces poverty and boosts mobility.