GOP Budget By the Numbers: Republicans to Vote Again for Budget That Ends the Medicare Guarantee, Hurts Economic Recovery

For Immediate Release:

April 16, 2012

This week, House Republicans will vote again for their budget that ends the Medicare guarantee and puts our economic recovery at risk, while cutting taxes for the wealthy. Back in their districts, it was poorly received by voters who are concerned about the impact of the budget: "At a time of high unemployment and home foreclosure rates, frustration with Congress and rising anxiety over how to deal with the national debt without gutting programs such as Medicare health insurance for the elderly and the Social Security retirement program, such meetings aren't always comfortable for lawmakers. In New Hampshire and Illinois last week, voters made clear that they were worried about the potential impact of a plan such as Ryan's…"  [Reuters, 4/8/12]

But that’s not stopping Republicans from voting again on a plan that places the burden of deficit reduction onto seniors, the middle class, working families, and the most vulnerable by refusing to ask the wealthiest among us to contribute. Here’s a look at how their budget affects millions of Americans:

Over $150,000: Tax cut provided to those making $1 million

$4.6 trillion: Reduction in revenue on top of the $5.4 trillion cost of permanently extending all of the Bush tax cuts and other expiring provisions

$1.7 trillion: Cut to Medicaid over the next decade, which could result in between 14 million and 27 million people losing coverage, in addition to the 17 million people who would lose Medicaid coverage as a result of repealing the Affordable Care Act

Over $6,000: Increase in seniors’ health care costs each year, based on estimates of last year’s budget

Up to $44 billion: Increase in seniors’ drug costs through 2020 as a result of reopening the prescription drug donut hole

Over $110 million: Increase in seniors’ out-of-pocket costs for preventative care and annual checkups in 2012

9.6 million: Students who would see their Pell Grants reduced by more than $1,000 in 2014

200,000: Low-income children who would be kicked out of the Head Start program each year over the next decade

Nearly 38,000: Teachers and aides at risk of losing their jobs each year over the next decade, due to cuts to Title I funding

27,000: Teachers, aides, and staff at risk of losing their jobs each year over the next decade, due to cuts to funding for Individuals with Disabilities Education Act

More than 166,000: Students at risk of losing college work-study opportunities each year over the next decade

1.8 million: Women, infants, and children at risk of being kicked off the WIC program each year over the next decade

400,000: Low-income families at risk of losing housing through the Housing Choice Voucher program each year over the next decade

Up to 17 million: Children with pre-existing conditions at risk of losing health care insurance due to discrimination by insurers

105 million: Americans subjected once more to arbitrary lifetime caps on their health insurance

54 million: Americans with private insurance who would see their out-of-pocket costs for preventative care increase

Up to 15 million: Americans who are sick or injured put at risk of being dropped from their private insurance because of a simple mistake on an application

4 million: Small businesses at risk of losing tax credits, which are already providing more affordable health care to two million workers

4,587: Fewer federal agents to combat violent crime, pursue financial crimes, secure the border, and ensure national security each year over the next decade

3,319: Fewer prison guards to maintain safe and secure federal prisons guards each year over the next decade

1,600: Fewer NIH grants for biomedical research each year for the next decade, limiting research that could lead to new cures for diseases

48,000: Researchers, students, and teachers who would not receive NSF grants each year over the next decade

Click here to read in pdf.

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