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.@jctgov confirmed GOP tax bill will add $1tril to the federal deficit, even after accounting for economic growth. We know that will force automatic cuts to Medicare - but what else will be slashed to pay for tax cuts to corporations that send jobs overseas?
Here are just a few:
Border Security: @CustomsBorder's operations and support will be cut by $1.3 billion. That makes U.S. borders less secure overall and takes critical resources away from Customs and Border Patrol officers working to keep fentanyl from entering Ohio communities.
Support for Ohio farmers: More than $18 billion would be cut from programs that help Ohio farmers do everything from stabilize farm prices to protect Lake Erie.
Benefits for Public Safety Officers: $10 million would be cut from the Public Safety Officers’ Benefits Program, which provides disability benefits to Ohio officers injured in the line of duty as well as survivor & education benefits to family members killed in the line of duty.
Transportation Funding: More than $850 million would be cut from federal programs to build and maintain Ohio’s roads, bridges, and airports.
Payments to the Military Retirement Fund: The Military Retirement Fund, which supports retirement benefits for Ohio members of the military who have retired from active duty, as well as disability and survivor benefits, would be cut by $7.5 billion.
Appalachian Regional Commission: $4 million would be cut from @ARCgov, which supports Ohio and twelve other states across Appalachia to stimulate local economies, provide job training, expand broadband access in rural areas, and support local infrastructure needs.
These programs are getting cut because of a law called Pay-As-You-Go - if by the end of '17, the cost of all leg passed this yr would increase the deficit compared to previous yrs, it triggers automatic spending cuts across the budget including Medicare & other critical programs.
That means money will automatically be taken from Medicare & other programs like support for Ohio farmers and funding that ensures @CustomsBorder can keep our borders secure in order to pay for the $1 trillion hole the Republican tax plan blows in the deficit. Shameful.
Does tRump know this?Strong on borders? At least we're giving the wealthiest 1% of Americans & those struggling Corporations huge tax cuts. Those CEOs are only making 470X avg employee! 600X anyone? PS: in 1967 CEOs made 1/10th of that as do CEOS in every other Western Democracy
Not sure if you are hearing this on @FoxNews but it's important. This tax bill does things no America would want and plenty that the very rich requested. Let's work together on this one thing because we're worth it!
But @realDonaldTrump needs $$$ to build his wall.
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