ITEP Director Essig Issues Statement on President Trump’s Budget Proposal
"A month ago,
"In a speech last week defending proposed cuts to domestic programs,
"The fact is that people understand just fine that government costs. But for decades, supply-side ideologists have successfully peddled the erroneous idea that top-heavy tax cuts come without a cost. And when it comes to policy discourse over balancing the nation's budget, these same forces insist working people must always make the sacrifices in the form of reduced funding for critical domestic programs while tax breaks for the rich and corporations are sacrosanct and must never be touched.
"Trump's budget and tax proposals are a recipe for economic stagnation and a blueprint for further widening the economic divide between the rich and the rest of us, not, as the budget claims, 'a new foundation for American greatness.'"
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