The Republican party is proposing HUGE, HUGE cuts for people who need access to food stamps all the while they propose huge tax cuts for the rich and continuing increases in the military industrial complex. But – the most egregious proposal out of a very long list of egregious proposals is that per Politico – you would not qualify for unemployment benefits until you have used ALL of your savings down to the last $2,000 you have in your bank account. Really. This is the Ryan plan in real life; this is the plan that Mitt Romney has embraced as his own. This is what smaller government looks like in their eyes.
Politico has the story:
The House Budget Committee meets Monday afternoon to put the final touches on the more than $300 billion 10-year package — the opening shot of a fall campaign to preserve defense spending without bowing to Democratic demands for new taxes.
Monthly food stamp benefits would be cut, hitting millions of single-mother households by summer’s end. Unemployed workers would be dropped from the rolls until they spend down their cash savings below $2,000 — one-fifth of Romney’s famous $10,000 bet. Working-class, often Latino, parents would be denied child tax credit refunds if they lack Social Security cards proving they are authorized to work in the U.S.
These are immigrant taxpayers whose average annual wages are $21,240 and generate far more for the Social Security system in payroll taxes than any refunds they receive. Yet their children, many of whom are U.S. citizens, would lose out even as the House channels an almost identical sum, $7.35 billion, into a new tax deduction for 125,000 small-business owners whose income exceeds $1 million.
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