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America’s Elderly, Low-Income, Suffer Most Under Bush Budget |
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Thursday, 09 February 2006 |
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President George W. Bush wants to make sure his tax cuts for the wealthy become permanent, at a cost of about $3 trillion over the next 10 years. But to help pay for the huge tax cut, Bush’s Fiscal Year 2007 budget will slash $65 billion from health care, education, job training, low-income, food, child care and other domestic programs that help families that aren’t so wealthy.
“At a time when the president is asking the nation’s vulnerable to swallow painful cuts to vital programs, he continues to push for massive, fiscally irresponsible tax breaks for the wealthy that will leave generations of Americans in debt,” says AFL-CIO President John Sweeney. Bush’s proposed spending cuts come just days after Congress finalized some $40 billion in Bush administration-backed spending cuts that will hurt working family. “It is scandalous to provide insufficient funding for our nation’s two greatest capital investments: health and education,” says Sen. Arlen Specter (R-Pa.). |