Obama warns of the consequences of the republican budget for the middle class

Obama warns of the consequences of the republican budget for the middle class

Washington : DC : USA | Apr 05, 2014 at 6:19 PM PDT
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U.S. President Barack Obama warned today that the budget for fiscal year 2015 submitted by the Republicans this week, " sink Opportunities for working families " and to reduce investments in education, infrastructure and research.

In his Saturday radio address , Obama reiterated that the budget proposed by Republican Paul Ryan in the House will mean huge tax cuts for the wealthiest , while the middle class that will suffer a reduction education or infrastructure.

" The Republican budget begins by offering huge tax breaks for families earning more than $ 1 million a year ," I said .

" Secondly, to avoid increasing the deficit will raise taxes on Will middle-class families with children . Force And then that budget cuts are making big investments that help our economy to create jobs , education and research ," I said .

The President also mentioned the intention of the Republicans to the end of the Affordable Care Act , health care reform famous This led in 2010 and has registered 7 million Americans.

"Policies that benefit the few lucky enough to make it difficult for working people living in the United States to achieve success is not what we need right now our economy is not growing better from top to bottom . Grows best from the center to the edges. That that gets my plan , and that's what I will continue to fight , "Obama said .

According to Republicans , the proposal would reduce 2015 spending by 5.1 trillion dollars in order to strengthen economic growth and start paying the debt accumulates that country .

Republicans and Democrats have reached an historic agreement raised the budget last December 2015 after years of controversy.

This bipartisan budget decreased slightly difficult to automatic cuts in defense, they do not like Republicans, and left almost intact the social programs Democrats do not want to affect , and Medicare ( health care for seniors ) or Medicaid ( health care for low -income countries) .

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Copies of President Barack Obama's Fiscal Year 2015 Budget are delivered to The House Budget Committee in Washington
Copies of President Barack Obama's Fiscal Year 2015 Budget are delivered to The House Budget Committee in Washington
Carlaoram is based in Sargodha, Punjab, Pakistan, and is a Stringer on Allvoices.
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