In a lunchtime speech today before hundreds of reporters and editors attending the annual meeting of the Associated Press, President Obama launched an attack on the House Republican budget passed last week.
“Disguised as a deficit reduction plan, it’s really an attempt to impose a radical vision on our country. It’s nothing but thinly veiled social Darwinism,” Mr. Obama said. “By gutting the very things we need to grow an economy that’s built to last — education and training, research and development — it’s a prescription for decline.”
The House budget would do the reverse of what the country needs. It cuts taxes on the wealthiest, increases military spending, and drastically reduces domestic programs, especially those serving the neediest. As the Center on Budget and Policy Priorities said, “It would likely produce the largest redistribution of income from the bottom to the top in modern U.S. history and likely increase poverty and inequality more than any other budget in recent times (and possibly in the nation's history)."
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