Sen. Bernie Sanders (I-Vt.), the ranking member of the Budget Committee, attacked the Republican-penned 2018 budget resolution released Friday as a scheme to benefit the wealthy at the expense of the poor.
“This budget is the Robin Hood principle in reverse. At a time of massive income and wealth inequality, the Republican budget takes from the middle class and those in need, and gives huge tax breaks to the wealthiest people in this country,” Sanders said.
The plan, he continued, would cut Medicare by at least $450 billion. The resolution allocated $1.5 trillion in deficit spending over the next decade for the GOP tax effort.
{mosads}”This Republican budget was written for the billionaire class, for Wall Street, for corporate CEOs and for the Koch brothers. It is the exact opposite of what America stands for and must be soundly defeated,” Sanders said.
Senate Minority Leader Charles Schumer (D-N.Y.) blasted the proposal over its tax implications as well.
“The Senate Republican budget is the clearest sign yet that Republicans are intent on pursuing a tax plan that would blow a huge hole in the deficit and stack up debt, leading to cuts in programs that middle-class Americans rely on,” he said.
Such cuts, he added, would endanger programs such as Social Security, Medicare and Medicaid.
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