John,
As more details are released and analyzed, it’s clear that President Biden’s budget for FY2024 is a robust investment in economic security for all of our people.
The Biden budget makes right and responsible choices: less poverty, more jobs, investments that help workers, families, and children, and more economic security for older Americans. It translates moral clarity about the need for shared prosperity into dollars and cents.
Shared prosperity means that poor and working class people have the security of affordable health care, food, and housing. It means that we keep our nation’s promise to educate all our children. It depends on the support that caregivers provide -- child care and community-based care for the aging and people with disabilities -- so that people can work and families can be sustained. And it requires that millionaires and corporations pay a fairer share in taxes.
The Biden budget is in stark contrast to the right-wing proposals we’ve seen come out of this divided Congress. For the right-wing, the deficit is a convenient excuse to deny vulnerable people health care, housing, food, education, and protections against the ravages of climate change, while recklessly threatening to plunge us into recession by refusing to approve the federal borrowing needed to pay for programs Congress has already approved.
Pitch in now to fight for President Biden’s budget, which provides the American people with a clear alternative to austerity proposals put forth by right-wing members of Congress.
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The right-wing talks about requiring work, but makes it harder to sustain work by refusing to invest in child care, education, affordable health coverage, and green jobs. So-called “work requirement” plans in Medicaid and SNAP (nutrition) programs have been exposed as bureaucratic barriers to getting the help that keeps people healthy and more able to work.
The FY2024 budget introduced by President Biden shows us that it’s possible to invest in growth in every part of our nation -- rural and urban, heartland and coast -- and still reduce the deficit. It is possible to make progress to increase opportunities and reduce disparities across racial and ethnic lines by increasing jobs in health and care work, renewable energy, renewing infrastructure, and more. The Biden budget recognizes not only that these investments are possible -- they are necessary for the shared growth that builds our future.
Here at the Coalition on Human Needs, we’ll never stop fighting to ensure shared prosperity for all. Chip in $5 today to fight for the Biden budget.
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Thank you for all you do,
Nicolai Haddal Field and Events Manager, Coalition on Human Needs
-- DEBORAH'S EMAIL --
John,
President Joseph Biden released his 2024 budget proposal with a clear focus on creating a more equitable economic system by increasing taxes on the ultra-wealthy and increasing investments in vulnerable communities, families, and children.
The Biden budget takes important steps towards shared prosperity and sustained economic security. It would sustain Medicare for another quarter-century by increased contributions from those with incomes over $400,000.
It would restore the stunning poverty-fighting effectiveness of the expanded Child Tax Credit and Earned Income Tax Credit. It proposes to protect and expand Medicaid (ensuring that poor people can have access to health coverage everywhere in the nation). It urges Congress to protect the Supplemental Nutrition Assistance Program (SNAP) and other nutrition programs in the farm bill, to fight back against hunger. It takes modest but meaningful steps to make housing affordable and to reduce the national tragedy of people with no home.
President Biden’s budget offers a clear contrast to right-wing extremists in Congress who are attempting to cut critical programs for working and low-income people. And, it would still reduce the deficit, without slashing services we need, by having the wealthy and corporations pay more of their fair share.
Donate $5 today to fight for the Biden budget and the critical investments our communities need.
The Biden budget reduces the federal deficits by $3 trillion over a decade. It achieves this through the basic fairness of requiring the richest among us to pay taxes, through its 25% Billionaire Minimum Income Tax, increased stock buyback tax, taxing investment income at the same rate as income from work, and raising the corporate tax rate to 28%, up from 21%. It saves taxpayers billions of dollars by expanding Medicare’s ability to negotiate drug prices, and by collecting the revenues that wealthy tax evaders owe.
Americans have long been outraged that some of the most profitable corporations as well as some billionaires have paid no taxes at all, or a far lower percentage than the rest of us. This budget addresses that outrage.
As Congress works on its own spending plans, the Coalition on Human Needs is fighting to advance the priorities of shared prosperity: reducing the number of people who cannot meet their basic needs of housing, food, health care, fair work and adequate income, increasing opportunities in communities across the U.S., and protecting against disinvestment and inequities by race, ethnicity, gender, age, disability, and immigrant status. We can afford these priorities by making savings, such as eliminating excessive payments to Pentagon contractors and drug companies. And, as the Biden budget demonstrates, we can afford to invest in our future by increasing taxes on the rich and corporations, who have evaded their fair share for far too long.
Donate today to fight for the Biden budget, which invests in our communities -- paid for by making the rich and corporations pay their fair share.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Thank you for all you do to support vulnerable families and children,
Deborah Weinstein
Executive Director, Coalition on Human Needs
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