Continuing their recent imitation of lemmings, steadily careening off a cliff, the tone-deaf House Republicans unveiled their new budget...and CEOs everywhere applauded.
Just who benefits from the new Republican alternative to President Obama's budget proposal? Here's how the Washington Post reports it:
After getting blasted last week for presenting a budget plan light on details, House Republicans today unveiled a more complete proposal that would cut taxes for business and the wealthy, freeze most government spending for five years, halt spending approved in the economic stimulus package and slash federal health programs for the poor and elderly.Unbelievably, the GOP is calling for deeper tax cuts for the wealthy and are taking the hatchet to programs like Medicare and Medicaid, as well as programs designed to aid the poor and elderly.
Are they joking?
Check out this link to view the analysis of the Citizens for Tax Justice to the Republican proposed tax code and look at the chart on the first page (pictured above). It makes it abundantly clear that the GOP has one priority...making sure the rich get richer and the rest of us go away.
Those days are gone. If they keep up their self-destructive policies much longer, we may be saying this about the GOP as well.