Jonathan Nicholson covers Capitol Hill and campaigns for HuffPost. His Twitter is @JNicholsonInDC.
The first salvo in House Republicans’ next budget fight has already been fired. But instead of Democrats being the target, the shot was across the bow of fellow Republicans.
Whether Republicans choose to pick a fight or not, the two documents present starkly different futures for the country: Biden would propose increasing taxes on the wealthy to pay for universal pre-kindergarten, temporarily reinstate the $300-per-month child tax credit, provide 12 weeks of paid family and medical leave, and create a tax break for first-time home buyers. It would trim $3 trillion off the national debt in the next decade.
“The House’s budget plan for the next fiscal year, preceding the President’s proposal, reflects the values of hardworking Americans who know that in tough economic times, fiscal discipline is non-negotiable,” the group said. D’Esposito’s fellow New York Republican, Rep. Nick LaLota, said he has problems with the budget’s assumption regarding the cap on the tax break for state and local taxes paid, a big issue in high-tax states like New York.
The lack of specifics led the bipartisan Committee for a Responsible Federal Budget to call out the committee plan as ““This budget combines genuine savings, which we applaud, along with large unspecified cuts ― including to appropriations and improper payments – which will almost certainly not materialize,” said CRFB President Maya MacGuineas in a statement.
“I think it would be a great thing if we showed the American people that it was more than just a campaign slogan, that we were willing to try to address the spending, the deficit and the debt that’s causing 40-year-high inflation under which they’re suffering,” Good told HuffPost. “We’ve got to differentiate.”
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