During the House debt ceiling debate, several members of Congress invoked the “next generation” as a newly discovered interest and reason for addressing the federal budget deficit.
Whatever the reasons, the current House leadership has chosen to deliberately exempt certain programs and populations — Social Security and Medicare, seniors and Strykers — while laying the burden squarely on children. In addition to protecting U.S. defense spending, which already outstrips spending by the next 10 nations combined, House leaders also have pledged to protect tax breaks for the wealthy.
H.R. 2811 would slash funding to education, Head Start, child care, child health, child nutrition, child and family homelessness, and child-abuse prevention by an additional 22% or more. For good measure, the bill would specifically eliminate college debt relief and investments in the environment — both issues of importance to younger voters. The Congressional Budget Office projects that the House bill could also force the elimination of many children’s programs.
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Source: CNBC - 🏆 12. / 72 Read more »