Schmudget Blog

Proposed federal budget plan would disproportionately impact low-income families

Posted by taral at Apr 06, 2011 05:35 PM |

Discussions around the federal budget have intensified this week, with a possibility of a Government shut-down. Against this backdrop, House Budget Committee Chairman Paul Ryan has proposed a budget plan that would get about 2/3rds of its savings from cuts to programs that serve low-income people.

According to analysis from the Center for Budget and Policy Priorities, the plan proposes cuts of $4.3 trillion over 10 years. Cuts in low-income programs appear to account for at least $2.9 trillion.

The cuts fall into three categories:
• Reductions in Medicaid and other related health care-- $2.17 trillion
• Cuts in mandatory programs that serve low-income Americans--$350 billion
• Cuts in low-income discretionary spending--- $400 billion

Click here for the details.

 

 Ryan plan chart

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