Congressman Donald M. Payne, Jr. (NJ-10) released a report today detailing how the Ryan Republican Budget would undermine the economic security of communities of color. The report concludes that the Ryan Republican Budget cuts hundreds of millions of dollars in vital education investments, ends the Medicare guarantee for seniors, and costs 1.1 million jobs in FY2015 alone -- all while protecting tax breaks for special interests and the wealthiest among us.
"The Ryan Republican budget is yet another attack on seniors, students, and working families," said Rep. Payne, Jr. "It asks those with less to pay for tax loopholes for millionaires and billionaires, and it threatens the gains we are continuing to make since the recession. Millions of Americans, who for the first time in their lives are able to access affordable care, would be stripped of life-saving services and prescription drugs. At a time when too many still desperately struggle to make ends meet, New Jerseyans deserve and demand better."