In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###
In his State of the Union Lower than two weeks in the past, President Biden laid out his imaginative and prescient for an economic system that provides the center class a good shot. He additionally warned that congressional Republicans “will lower Social Safety and provides extra tax cuts to the rich,” that they proceed to oppose the Reasonably priced Care Act, and that they’re siding with Huge Pharma over hardworking households.    Â
On Wednesday, the Republican Examine Committee – which represents 100% of Home Republican management and almost 80% of their members – simply proposed yet one more funds that will lower Medicare, Social Safety, and the Reasonably priced Care Act , in addition to enhance prescription drug, power, and housing prices – all whereas forcing tax giveaways for the very wealthy onto the nation. Their plan would even elevate the Social Safety retirement age.
Like President Biden promised within the Capitol, “If anybody right here tries to chop Social Safety or Medicare or elevate the retirement age I’ll cease them.”
He’s preserving that promise by standing in opposition to this new Home Republican funds. He is aware of the very last thing we should always do is raid Medicare and Social Safety whereas giving extra big tax cuts to the rich and massive firms.
What’s extra, Home Republicans’ plan would elevate power prices and ship our new manufacturing jobs again abroad by gutting different essential components of the Inflation Discount Act, elevate housing prices, and permit large corporations to tear off shoppers with junk charges. Â
President Biden has a unique vison for the way we transfer into the longer term: make the rich, large firms, and particular pursuits pay their justifiable share whereas defending and strengthening Medicare and Social Safety. Extending the Reasonably priced Care Act tax credit he delivered to decrease well being care prices and canopy extra Individuals than any time in historical past. Making the economic system work for the center class by investing in America and the industries of the longer term, whereas reducing key prices that working households face. And increasing Medicare’s capability to barter decrease drug prices.
80% of Home Republicans launched a Finances that:
Cuts Medicare and Social Safety whereas placing well being care in danger for thousands and thousands
- Requires over $1.5 trillion in cuts to Social Safety, together with a rise within the retirement age to 69 and reducing incapacity advantages.
- Raises Medicare prices for seniors by taking away Medicare’s authority to barter prescription drug prices, repealing $35 insulin, and the $2,000 out-of-pocket cap within the Inflation Discount Act
- Transitions Medicare to a premium assist system that CBO has discovered would elevate premiums for a lot of seniors.
- Cuts Medicaid, the Reasonably priced Care Act, and the Youngsters’s Well being Insurance coverage Program by $4.5 trillion over ten years, taking protection away from thousands and thousands of individuals, eroding take care of seniors, youngsters, and other people with disabilities, and taking us again to the times the place folks might be denied take care of pre-existing situations and charged extra for medical health insurance merely for being a girl.  Â
Rigs the economic system for the rich and huge firms in opposition to center class households
- Passes $5.5 trillion in tax cuts skewed to the rich and huge firms, together with completely extending tax cuts within the Trump tax legislation, repealing the minimal tax on billion-dollar firms the President signed into legislation, eliminating the property tax for the wealthiest Individuals, offering a large tax lower for billionaire traders, and making it simpler for the rich and huge firms to get away with dishonest on their taxes.
- Kills jobs and funding in communities all through the nation – together with Purple States – by eliminating the clear power tax credit within the Inflation Discount Act.
- Makes it simpler for corporations and banks to tear shoppers off with unfair and hidden junk charges by eliminating the Client Monetary Safety Bureau.
- Raises housing prices by reducing funding for rental help, reducing funding for packages that assist construct housing, and elevating mortgage prices for first-time homebuyers.
###