Reed: Trump Budget is Irresponsible
WASHINGTON, DC - U.S. Senator Jack Reed today issued the following statement in response to President Trump’s Fiscal Year 2018 budget proposal:
“President Trump’s budget is bad news for Rhode Island because it weakens our economy and places new burdens on families, businesses, and communities across the country.
“The Trump budget takes a less is more approach: less investment in education, health care, transportation and safety for the general public and more pollution, outsourcing jobs overseas, and tax breaks for the wealthy and well-connected.
“This irresponsible budget would be a real setback for middle-class families and seniors in particular. The $800 billion in Medicaid cuts could cause over 10 million low-income Americans to lose their health coverage. If this budget were enacted, more elderly Americans could be forced to go from assisted living to living on the streets. That is immoral and ill-advised.
“The Trump cuts also threaten federal funding for public education, medical research, job training and economic development. These cuts are counterproductive and won’t achieve real cost-savings. In fact, they would impede economic growth.
“Families with limited incomes who are trying to make ends meet get hit hardest by the Trump budget. It takes food, health care, and retirement security away from children, seniors, and people with disabilities while adding funds for an ineffective border wall and tax cuts for millionaires. It eliminates the LIHEAP energy assistance program, Community Development Block Grants, and many other critical, cost-effective programs that have a positive impact on Rhode Island.
“While our military deserves to be well-funded, cutting diplomacy and foreign aid won’t help prevent war. These are the wrong priorities for America and don’t reflect our core values.
“I will work with my colleagues on both sides of the aisle to fight these disastrous cuts and enact a more balanced, fiscally responsible budget that focuses on job creation and strengthening the middle-class.”