What a Romney-Ryan budget would mean for Americans | Economic Policy Institute

What a Romney-Ryan budget would mean for Americans | Economic Policy Institute
"The Romney-Ryan fiscal agenda would wreak havoc on the middle class—and the U.S. economy at large—in order to keep cutting taxes for millionaires. Romney and Ryan are not serious about accelerating economic recovery or stabilizing the long-term fiscal outlook, or even proposing evidence-based solutions to our actual economic challenges (raising millionaires’ disposable income is not one of them). What they would enact, if given the chance, would increase unemployment, slow near-term economic growth, destroy the safety net and social insurance programs, and defund non-security discretionary investments, all in order to lavish millionaires with tax cuts more than twice as large as those that would be afforded by continuing all the Bush-era tax cuts."
"Ryan’s budgets make deep cuts to Medicare, Medicaid, and Social Security, as well as repeal the Affordable Care Act ."