Center on Budget and Policy Priorities, March 15, 2016: (Op-Ed) House Budget Would Mean More Poverty, Inequality, and Hardship
“In an apparent attempt to appeal to archconservative members, the House Republican budget is a highly ideological document that proposes extreme policies in several areas. It would decimate large swaths of the federal government, shrinking spending outside Social Security, Medicare, and interest payments to 7 percent of GDP by 2026 — less than three-fifths of its average of the past 40 years (see chart) and only a little more than half its average level under President Reagan. It features particularly severe cuts in programs to help poor families and others of limited means.”