Rep. Chu Statement on the House Republican Budget
WASHINGTON, D.C. – Today, nearly six months after the statutory deadline, House Republicans voted to pass H.Con.Res.71, a budget resolution for fiscal year 2018. The FY18 budget resolution cuts Medicare and Medicaid by $1.5 trillion, and makes $2.5 trillion in other mandatory cuts. It also provides reconciliation instructions for tax reform. This bill must be reconciled with the Senate budget resolution, which allows for tax cuts that add $1.5 trillion to the deficit. Rep. Judy Chu (CA-27) voted against the budget resolution and released the following statement:
“Typically, a budget is a blueprint for how our government plans to meet our obligations to our people. But not this time. By including reconciliation instructions for their tax plan, the Republicans are using this budget as a blueprint to give tax cuts to the wealthiest few, without requiring bipartisan support. Under this bill, a family making $50,000 a year could see their tax burden go up, while millionaires will save $230,000. Worse, the burden of paying for these tax cuts will be borne by working families, children, and seniors. Meanwhile, this budget makes it harder for middle class families to succeed by slashing priorities like education, infrastructure, and veterans’ benefits, and even guts Medicare and Medicaid by $1.5 trillion, all while increasing military spending $72.5 billion above the Budget Control Act’s sequester level spending cap.
“We should be passing a budget that creates opportunities for working families, not tax breaks for the rich. Democratic alternatives include priorities like universal Pre-K, paid family leave, and support for programs like Medicaid and Medicare that we know are successful at helping working families and the middle class. That should be our priority, not making millionaires into billionaires.”