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Comparison of Republican Budget and Democratic Alternative

Oct 2, 2017

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REPUBLICAN BUDGET

DEMOCRATIC ALTERNATIVE

Investing in America and Its Workers

• Undermines the country’s investment in education, infrastructure, and research.

• $5.4 trillion in spending cuts, which drain resources from programs that American families need.

• Lowers the already inadequate austerity-level non-defense discretionary spending caps by an additional $5 billion in 2018 and by even more in subsequent years.

• Invests in infrastructure, cutting-edge research and innovation, and expanded educational opportunities.

• Creates good-paying jobs with higher wages.

• Increases opportunity through a higher minimum wage, immigration reform, equal pay for equal work, and consumer protections.

• Protects parity between defense and non-defense discretionary spending.

Tax Fairness

• Fast-tracks trillions in tax cuts for millionaires and wealthy corporations.

• Shifts the tax burden onto the middle class.

• Fails to close special-interest loopholes.

• Supports responsible tax reform that provides support and relief for hardworking American families.

• Ensures that millionaires and wealthy corporations pay their fair share.

Protecting Healthcare

• Embraces Trumpcare.

• $1 trillion in cuts to Medicaid.

• $500 billion in cuts to Medicare.

• Ends Medicare guarantee, shifting costs and risks onto seniors.

• Defends and strengthens the ACA.

• Rejects Trumpcare. Brings more affordability and stability to insurance markets.

• Rejects voucherizing Medicare.

Supporting Basic Standards of Living

• Fast-tracks $203 billion in cuts to programs families rely on for food & other basic necessities.

• Cuts fall heavily on low-income families, students, and persons with disabilities.

• Safeguards funding for nutrition assistance and affordable housing.

• Strengthens and expands the EITC.

• Supports increased resources for TANF.

Strengthening National Security

• Shortchanges essential elements of national security, like the State Department, foreign aid, and climate change research.

• Provides robust defense funding, matching the President’s request.

• Invests in all aspects of national security, rejecting the 19% cut to diplomacy and foreign aid.