Director, Policy Futures
Sen. Mike Lee (R-UT) plans to introduce a budget resolution (S. Con. Res. 44) this week that would sharply cut Social Security and Medicare and most other federal programs. Based on a plan from the Heritage Foundation, the Lee budget would slash programs that benefit low- and middle-income Americans while providing tax cuts for the wealthy. Here are some of its remarkable features:
All told, the Lee budget would fundamentally re-write federal spending and tax policy, taking from the poor and middle class, giving to the rich, and moving the country — at a time of widespread hardship at the bottom and stagnant living standards — in exactly the wrong direction.