Three competing budgets

BUDGET BATTLES IN CONGRESS

 

By Miriam Raftery

April 22, 2014 (San Diego's East County) - Three competing budgets have been proposed in Congress-one by House Republicans, another by President Obama, and a third by the House Congressional Progressive Caucus.

All aim to balance the budget over time. The Republican plan focuses on cuts to social services and tax breaks to businesses and wealthier Americans in line with the trickle-down economic theory. The President and progressive budgets focus on raising revenues to closing tax loopholes for corporations and the rich, providing more help to middle class and low-income taxpayers under a rising tide floats all boats strategy.

But how do these three budgets stack up compared to what polls show most Americans want Congress to do?


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