Toomey Has Plans For You

Toomey Budget Similar to House-Passed Ryan Budget
Contains Deep Cuts in Low-Income and Non-Defense Discretionary Programs and Likely Tax Cuts for the Most Well-Off

by Jim Horney, Chye-Ching Huang, Edwin Park, and Paul N. Van de Water

“The Senate may take up, as early as this week, a budget proposal from Senator Patrick J. Toomey that is similar in most important respects to the budget resolution from House Budget Committee Chairman Paul Ryan, which the House passed on March 29. Like the Ryan budget, the Toomey plan (S. Con. Res. 37) would protect and extend tax cuts that disproportionately benefit higher-income Americans, while reducing deficits through steep cuts in programs that benefit average citizens and people on the bottom rungs of the economic ladder — from low-income programs like Medicaid, to Medicare, to the entire array of non-defense discretionary programs, such as Head Start and food safety inspections.”

View the full analysis:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3771
http://www.cbpp.org/files/5-9-12bud.pdf 8 pp.