To the Editor:
Question: Is it possible to do the same type of budgeting crimes once again? Maybe it's de ja vu all over again. I wish to launch a frontal attack on Paul Ryan's budget.
We have seen the same bad ideas during the Bush years with S-1932. This labeled Budget Reconciliation/Deficit Reduction amended funds in the budget, allocated to the homeless children, Katrina victims and the mentally ill, and gave them toward the George W. Bush's renewal of tax cuts for the rich. The republican congress took $35 million or billion from the poor and put $70 million or billion to the tax cuts for the rich.
They then had the nerve to call 35 million or billion off and 70 million or billion on deficit reductions. When the final budget passed many more programs for the poor were cut.
Today we are again (in the Ryan Budget) planning to reduce the capital gains tax from 35 percent or 25 percent resulting in a net gain of $265,000 per annum for the richest 1/8 of the population. To achieve this obscene deed, Ryan's budget plans to gain funds from cuts in Medicare and food stamps. Ryan's budget will also slow down our recovery.
I urge everyone to vote against any candidate in 2012 who supports Ryan's Budget before Ryan or some other radical hatches another scheme that will make the "rich, richer and the poor, poorer."
Trick down has never worked for democracy and never will.
Now to revisit the current Ryan proposal, the "Center for Budget Policy and Priority" estimates that 62 percent of all of Ryan's proposed cuts will come from lower income programs. While Ryan cuts the poor once again, his plans give a 37 percent benefit to the richest 1/8 of the population.
Why? Ask yourself why would the other 7/8 of Americans, vote for anyone who voted in the U.S. House for Paul Ryan's budget?
His budget has been passed in the U.S. House, but never even put on the floor of the U.S. Senate. Thank goodness.