03.08.23

WHITEHOUSE: PREVIEWS PRESIDENT’S BUDGET REQUEST

Washington, D.C.— Senator Whitehouse (D-RI), Chair of the U.S. Senate Budget Committee, joined Senate Majority Leader Schumer (D-NY) and Senate Appropriations Committee Chairwoman Murray (D-WA) to discuss the president’s budget request, which will be released Thursday, March 9, at noon.

 

VIDEO: Senator Whitehouse discusses president’s budget, how Republicans are only here for the well-off and well-connected

 

His remarks, as prepared for delivery:

On Thursday, President Biden will deliver his FY 2024 budget request, which will represent his stated values to build our economy from the bottom up and the middle out.  

This will be a sharp contrast with Republicans, who have made their values clear, even if they keep their numbers secret:  They’re here for the well-off and the well-connected, the big special interests who fund their party through a dark-money armada of billionaire front groups.

Their priority is protecting the Trump tax giveaways for mega-donors, tax cheats, and big corporations sending jobs abroad, while attacking programs key to people’s well-being in red and blue states alike.

They’ve made clear they don’t value healthy families and healthy kids; they want to cut housing in half, slash child care, cut affordable access to food, and kick millions off health insurance.

They don’t value U.S. workers and new economic opportunity; they want to reduce job training and make it harder to afford college and pay back student loans.

They don’t value seniors’ dignity in retirement; they want to end Medicaid and Social Security as we know it.

They don’t even value public safety and national security; they want to undermine U.S. competitiveness with China, cut funding for law enforcement, and furlough border patrol agents.

And for their fossil fuel overlords, they want to cut investments in renewables, slash investments in affordable energy, and pull funding from infrastructure.

Republicans defend a corrupt tax code that protects tax avoiders and tax evaders and billionaires who pay lower tax rates than teachers and firefighters. The Biden budget will honor his promise not to raise taxes on those making less than $400,000, and ask the wealthy to pay a fair share.  

We expect the president’s budget to bring down the deficit by $2 trillion. By contrast, Republicans ran up the debt by trillions when Trump was President.  All their caterwauling about red ink and wokeness is a smokescreen, for an extremist MAGA agenda that serves their creepy billionaire elite, not American families.  If MAGA Republicans leveled with the American people about what they’re really up to, they’d be sent home in a heartbeat.  Democrats have nothing to hide, and you’ll see that in the President’s Budget.

 

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