Budgets are statements of values and priorities. What the GOP is preparing to do in less than a week says a lot about their priorities. Instead of closing tax loopholes and making smart spending cuts, the GOP is going to let damaging across the board spending cuts kick in next Friday. These cuts will not only damage the economy, they’ll hurt individual families and communities across the country.
Check out what eliminating just two giveaways to the wealthy and corporation could pay for. For example, we could avoid painful cuts to investments in jobs and education just by ending a giveaway to corporate jet owners”
And we could stop harmful cuts to children and families with disabilities if we just stopped letting the wealthiest Americans get tax breaks for the vacation homes and yachts:
Instead of asking the wealthiest Americans and special interests like Big Oil and Wall Street to pay their fair share, Republicans are insisting that families, including the most vulnerable among us, shoulder the burden of reducing our deficit and debt.
BOTTOM LINE: There’s still a week left to avert the damaging and painful sequester cuts. All Republicans have to do is agree to a balanced approach that replaces the indiscriminate cuts with both new revenues and smarter, targeted spending cuts.
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