The recent release of the Republican Study Committee’s 2025 budget plan is designed to make America poor again by eliminating the safety net policies and provisions serving most Americans. The plan, backed by 80 percent of House Republicans, includes cutting $1.5 trillion from Social Security; raising the eligible retirement age to 69; privatizing Medicare so insurance companies can determine your access to and affordability of health care; eliminating funding for universal school lunches; shutting down the Consumer Financial Protection Bureau, whose mission is to protect and educate consumers about their rights and access to financial information; and cutting the budgets of Medicaid, children’s health programs and the Affordable Care Act.
The same budget plan does include $5.5 trillion in tax cuts for the rich and corporations. In 2022, Americans saw the largest increase in poverty in our history, attributed in part to Republicans’ refusal to extend the Child Tax Credit. Republicans are clear about what matters to them.
