John W. Olver: “the Budget Committee's reconciliation bill is a vicious example of misguided fiscal and social priorities. To pay for…”

“the Budget Committee's reconciliation bill is a vicious example of misguided fiscal and social priorities. To pay for tax cuts that benefit almost exclusively those whose income is over $200,000 a year, the bill cuts assistance to families struggling to get by and pushes them right into poverty. The bill guarantees that more foster children will grow up in poverty. $4.9 billion is slashed from child support services. As a result, single mothers and their children will not receive the support payments owed to them, and many of those children will grow up in poverty. $844 million cut from food stamps will push another 300,000 children and adults in low-income and immigrant families below the poverty threshold. One in five children in this country already grow up in poverty. It is unconscionable to deliberately increase that number. For what? So that the wealthiest 3 percent of Americans can have another huge tax cut. ____________________”