Trump's Budget Is Immoral
The economic theory President Trump has embraced with this budget, trickle-down economics, is an abysmal failure and a fraud
The budget introduced this week by the Trump administration constitutes nothing less than a massive transfer of wealth from working families, the elderly, children, the sick and the poor to the top 1%.
"At a time when the very rich are already getting much richer while the middle class continues to shrink, this is a budget for the billionaire class, for Wall Street, for corporate CEOs, and for the wealthiest people in this country."
This is a budget that says that if you are the richest family in America, you will get a multi-billion-dollar tax break through the repeal of the estate tax. But, at the same time, if you are a lower income senior citizen you will not be able to get the one nutritious meal a day you now receive through the Meals on Wheels program or the help you desperately need if you have a disability and are trying to survive on a $1,200 a month Social Security check.
This is a budget which offers you tax breaks if you are a member of the Trump family, but if you are a child of a working class family you could well lose the health insurance you currently have through the Children's Health Insurance program and massive cuts to Medicaid. At a time when we remain one of the only major countries on earth not to guarantee health care to all, this budget makes a bad situation worse in terms of health care.
© 2017 Bernie Sanders