To Give Super-Rich and Corporations a Tax Cut
The Republican budget, declared Sen. Sanders after its passage,
"is not a bad bill. It's a horrific bill."
from Common Dreams by Jon Queally
"Another dark deed done: GOP passes obscene budget to slash Medicare/Medicaid & explode the deficit – all in the name of tax cuts for the 1%."
—Sen. Jeff Merkley (D-Oregon)
The measure passed by 51-49 vote, with only one Republican, Sen. Rand Paul of Kentucky, joining every Democrat and the chamber's two Independents who voted against it. Its approval now paves that way for massive tax giveaways to the wealthy and corporations envisioned by President Donald Trump and the GOP in both the House and the Senate.
"51 Republican Senators just voted to cut Medicaid by $1 trillion and Medicare by $500 billion so that millionaires and corporations can get a tax cut. It's immoral and despicable," said TJ Helmstetter, a spokesperson for Americans for Tax Fairness, in a statement immediately following the vote.
Though the budget resolution itself is nonbinding, MoveOn.org's Ben Wikler notes how the Senate passage on Thursday represents the "starting gun for what might be the most consequential legislative fight of the Trump era: the looting of the U.S. treasury to reward billionaire GOP donors and mega-corporations, at the expense of the rest of us." And with the Senate resolution now in place, a reconciliation process can begin with Republicans in the House, meaning the GOP can "shoot for a tax bill without a single Democratic vote."
In the wake of its passage, Sen. Bernie Sanders (I-Vt.)—who earlier this week called the proposal "Robin Hood in reverse" for taking from the poor to give to the rich— said the "Republicans' budget is not a bad bill. It's a horrific bill."