Mike Levin: “The Republican budget politically paving the way for their tax reform proposals can best be described as an elixir of…”

“The Republican budget politically paving the way for their tax reform proposals can best be described as an elixir of growth, a magic cure-all. Instead, it is a fake, indeed dangerous, potion. History has shown that a huge tax cut, primarily for the very wealthy and large corporations, does not promote growth, and will make life harder for the middle class and everyone else. This budget calls dangerously for raising our debt by $1.5 trillion, creating a future deficit tax for middle-income families; cutting Medicare by nearly $500 billion; cutting Medicaid and other health programs by $1.3 trillion; and assuming $4 trillion in cuts to a broad range of programs, which could include education and health research. Mr. Speaker, vote ``no'' on this budget.”