Today, Congressman John Tierney voted against the Republican budget proposal for fiscal year 2013, introduced by Republican Budget Committee Chairman Paul Ryan. Citing irresponsible tax breaks for "Big Oil" and the wealthiest Americans, Tierney opposed the measure. Instead, he voted for several alternative measures to reduce our deficit while maintaining critical investments in our middle-class.
"The budget debate in Washington once again highlights the sharp contrast between the Republican and Democratic visions for our country. House Republicans are offering up another plan to end the Medicare guarantee and give tax breaks to billionaires and 'Big Oil,' while destroying American jobs. This is bad for America's seniors and the middle class, and it fails to live up to our American values of fairness and opportunity for all," Congressman Tierney said.
"The American people want to preserve and strengthen Medicare, not dismantle it. They are counting on action to help create jobs and grow our economy, instead of delivering an average tax cut of $150,000 to the wealthiest Americans while safeguarding tax breaks for 'Big Oil' and special interests. It is critical that our middle-class families are not left carrying the entire burden of our economic recovery. Unfortunately, the House Republicans jammed through their extreme budget proposal with no Democratic support and with no prospect it will be taken up by the Senate," Tierney concluded.
According to Robert Greenstein from the Center for Budget and Policy Priorities, "The new Ryan budget is a remarkable document -- one that, for most of the past half-century, would have been outside the bounds of mainstream discussion due to its extreme nature. In essence, this budget is Robin Hood in reverse -- on steroids. It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation's history)."