Congresswoman Marcia L. Fudge voted against the Ryan-Republican budget today because it slows our economic recovery, destroys American jobs, ends the Medicare guarantee and provides huge tax cuts for the wealthy. Rather than addressing the top priorities of the middle class and vulnerable communities, House Republicans have simply presented more of the same failed policies and misplaced priorities that the American people rejected last fall.
"Today, I took a stand for Ohio families and a balanced approach to budgeting - rejecting another Ryan-Republican budget that provides huge tax breaks for millionaires and special interests over Medicare and the middle class," Congresswoman Fudge said. "These are the wrong priorities for America's families and economic growth. Instead, it is time to work together and get the job done on passing a balanced plan to create jobs, strengthen the middle class, and responsibly reduce the deficit."
The Ryan-Republican budget will result in two million fewer American jobs next year alone, decrease GDP by 1.7 percent, and stall our nation's recovery. Even worse than the Romney tax plan, the House Republican budget could raise taxes on middle class families with children by more than $2,000 per year to pay for tax cuts for the wealthy. It also does nothing to address rising health care costs, but shifts more of the burden of paying for health care onto seniors in the future.
"The American people deserve better. I supported the Congressional Black Caucus (CBC) Alternative planbecause it is a fair and balanced approach. It creates growth with jobs, invests in our children and provides needed infrastructure improvements while cutting spending responsibly, increasing revenues from Big Oil and the wealthiest Americans, and reducing the deficit," Congresswoman Fudge added. "A budget should reflect our values -- both the CBC and the Democratic alternative budgets did so by ensuring fairness for the middle class and opportunity for American families."