FLASHBACK: Republican Budgets Added To Deficit, Cut Police Funding
March 28, 2022
Today, President Biden released his Fiscal Year 2023 budget, which makes clear that his administration is focused on building a better America and continuing our nation’s historic economic recovery. After Donald Trump and Republicans spent years running up the deficit and opposed funding for emergency responders, including the police, President Biden’s budget is fiscally responsible and aims to keep our communities safe.
President Biden’s budget delivers on his promise to ensure police departments have the resources they need to keep our communities safe by proposing over $32 billion in new spending to fight crime.
Fox News: “Biden budget proposal seeks to increase in law enforcement spending”
Axios: “President Biden will propose more than $32 billion in new spending to fight crime, two White House officials familiar with his 2023 budget plans tells Axios, putting a price tag on his State of the Union call to fund — not defund — the police.”
The Biden administration is on track to reduce the deficit by more than $1.3 trillion this fiscal year, and President Biden’s budget will continue that progress by ensuring the wealthiest Americans finally pay their fair share.
ABC News: “President Joe Biden intends to propose a minimum tax of 20% on households worth more than $100 million and cut projected budget deficits by more than $1 trillion over the next decade, according to a fact sheet released Saturday by the White House budget office.”
Washington Post: “President Biden unveiled a $5.8 trillion budget plan on Monday that reflects a major administration pivot to rein in future borrowing, introducing a proposal that would reduce the national deficit by roughly $1 trillion over 10 years.”
This is a stark contrast from Republicans, who spent years running up the deficit by cutting taxes for the wealthy and big corporations, and voting against funding that’s helped keep police officers on the payroll.
Tax Policy Center: “The Tax Cuts and Jobs Act cut taxes substantially from 2018 through 2025. The resulting deficits will add $1 to $2 trillion to the federal debt, according to official estimates.”
NBC News: “Twice as many companies paying zero taxes under Trump tax plan”
Forbes: “Trump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018”
NBC News: “House Republicans who opposed Covid aid still see funds flow to local police departments”
The Intercept: “At least a dozen Republican districts have either hired or retained police officers with funds from the American Rescue Plan, according to the aide, including the districts of Reps. Dan Crenshaw of Texas and Elise Stefanik of New York, both of whom have repeatedly claimed that Democrats want to defund the police.”
And now, while President Biden looks to raise taxes only on the wealthy, Republicans want to raise income taxes on half of Americans, including seniors and retirees, and sunset Social Security and Medicare in five years.
NPR: “Sen. Rick Scott wants every American to pay at least some income taxes”
Florida Politics: “Rick Scott says it’s ‘unfair’ that poor people don’t pay income tax”
Newsweek: ‘In February, Scott, who chairs the National Republican Senatorial Committee, released an ‘11-Point Plan to Rescue America,’ which proposed that, ‘all Americans should pay some income tax to have skin in the game, even if a small amount,’ noting that, ‘currently over half of Americans pay no income tax.’”