Groundwork’s Jacquez on House Budget Resolution: GOP is ransacking working families to fund billionaire tax breaks

Groundwork’s Jacquez on House Budget Resolution: GOP is ransacking working families to fund billionaire tax breaks

Today, House Republicans unveiled their plan to deliver $4.5 trillion worth of massive tax giveaways to the ultra-wealthy and corporations, which they plan to fund by cutting $2 trillion from health care, SNAP, and other critical programs that families rely on. Groundwork Collaborative Chief of Policy and Advocacy Alex Jacquez condemned the plan in the following statement:

“Instead of tackling rising prices and delivering relief for American families, House Republicans are charging ahead with trillions of dollars in deeply unpopular tax breaks for billionaires like Donald Trump and Elon Musk. And, they’re paying for their billionaire handouts by ransacking health care, food assistance, and other vital programs that American workers and families rely on.”

Email press@groundworkcollaborative.org to speak with a Groundwork expert about the tax debate.

RESOURCES

This week, Groundwork Collaborative and Student Borrower Protection Center released a new poll from Data for Progress showing that voters overwhelmingly oppose Republicans’ plans to pass massive tax breaks for the ultra-wealthy and corporations at the expense of even more unpopular cuts to programs families rely on. Polling toplines are below. 

Taxing the Wealthy

• There is overwhelming support for taxing the ultra-wealthy and major corporations. 63% of voters oppose tax breaks for the wealthiest households and nearly 70% oppose tax breaks for large corporations – including over half of Republicans.

• Most voters think billionaires, CEOs, and corporations pay too little in taxes. This holds true for Democrats, Republicans, and independents.

Social Security

• Voters strongly support increasing funding for Social Security, including 67% of Republicans.

Health Care

• Medicare and Medicaid remain hugely popular, and voters oppose cuts to both programs. On Medicare, 90% want to increase funding or keep it the same. For Medicaid, 87% want to increase funding or keep it the same.
• The Affordable Care Act – which Republicans unsuccessfully tried to repeal during Trump’s first term – also remains popular. Nearly three in four voters think ACA funding should be increased or remain the same.

Supplemental Nutrition Assistance Program (SNAP)

• Voters strongly oppose cuts to vital food assistance benefits. 76% of voters have a favorable opinion of SNAP, including 67% of Republicans and 75% of independents.
  • 81% of people think funding should be increased or kept the same.

Energy

• Across party lines, voters support renewable energy and energy-efficiency programs, including 71% of independents and 55% of Republicans.

Education

• Nearly two-thirds of voters do not want to eliminate the current options to pay student loans based on borrowers’ income. Eliminating these options would mean low- and middle-income borrowers and unemployed borrowers will pay significantly more on their student loan bills.
• Voters do not want to see funding cuts for federal student loans and grants, including Pell Grants and Parent or Grad PLUS loans. This includes 56% of Republicans and 70% of independents.
  • Both college (73%) and non-college (71%) respondents think funding should be increased or kept the same