Weekly Address: Republican budget would shrink opportunity

[cal04]

Source: AP

President Barack Obama says the Republican budget proposal would shrink opportunity and make it tougher for hard-working Americans to get ahead.

In his weekly radio and Internet address, Obama says House Budget Chairman Paul Ryan's budget gives massive tax cuts to the rich while cutting programs like education and research that spur job growth. The president says Republicans would also take away insurance from 7 million who enrolled through his health care law and would gut financial protections.

Obama says his own plan grows the economy from the middle out instead of the top down.

Read more: http://abcnews.go.com/Politics/wireStory/obama-republican-budget-shrink-opportunity-23205369

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In this week’s address, the President highlighted the important differences between the budget he’s put forward – built on opportunity for all – and the budget House Republicans are advocating for, which stacks the deck against the middle class. While the President is focused on building lasting economic security and ensuring that hard-working Americans have the opportunity to get ahead, Republicans are advancing the same old top-down approach of cutting taxes for the wealthiest Americans and slashing important investments in education, infrastructure, and research and development.


http://www.whitehouse.gov/the-press-office/2014/04/05/weekly-address-president-s-budget-ensures-opportunity-all-hard-working-a


(snip)
This week, the Republicans in Congress put forward a very different budget. And it does just the opposite: it shrinks opportunity and makes it harder for Americans who work hard to get ahead.

The Republican budget begins by handing out massive tax cuts to households making more than $1 million a year. Then, to keep from blowing a hole in the deficit, they’d have to raise taxes on middle-class families with kids. Next, their budget forces deep cuts to investments that help our economy create jobs, like education and scientific research.

Now, they won’t tell you where these cuts will fall. But compared to my budget, if they cut everything evenly, then within a few years, about 170,000 kids will be cut from early education programs. About 200,000 new mothers and kids will be cut off from programs to help them get healthy food. Schools across the country will lose funding that supports 21,000 special education teachers. And if they want to make smaller cuts to one of these areas, that means larger cuts in others.

Unsurprisingly, the Republican budget also tries to repeal the Affordable Care Act – even though that would take away health coverage from the more than seven million Americans who’ve done the responsible thing and signed up to buy health insurance. And for good measure, their budget guts the rules we put in place to protect the middle class from another financial crisis like the one we’ve had to fight so hard to recover from.

Policies that benefit a fortunate few while making it harder for working Americans to succeed are not what we need right now. Our economy doesn’t grow best from the top-down; it grows best from the middle-out. That’s what my opportunity agenda does – and it’s what I’ll keep fighting for. Thanks. And have a great weekend.

[Tribalceltic]

1. Trickle down doesn't

13 years the economy has sucked. Trickle Down Doesn't. If it wasn't a lie, we would all be rich by now and we aren't.

[elzenmahn]

3. The Repubs and Friedmanists knew this all along...

...and a Borax salesman was the perfect mouthpiece for their spew of this bullshit.

Problem is, a whole lot of Dems fell for it, as well. I have to admit that the picture of President Obama carrying a copy of Thomas Friedman's The World Is Flat (I think that's what it's called) with him soon after his election didn't exactly fill me with confidence. And don't get me started about NAFTA and Bubba's support of said bill - everything Jim Hightower predicted came to pass, and then some.

[elzenmahn]

2. Pauly Boy's Budget proposal's purpose...

...is to further entrench the Feudalistic Oligarchy which our country has now become.

And this is exactly what we're going to get if the Repubs keep the house, take over the senate, and win the WH.

Go vote, people.