Sen. Chuck Schumer (D-NY) took to the Senate floor to decry Paul Ryan’s budget proposal on Tuesday, declaring it DOA in the Senate.
“The House Republican budget puts the entire burden of reducing the deficit on senior citizens, students and middle-class families,” he said. “At the same time, it protects corporate subsidies for oil companies, lets waste at the Pentagon go untouched, and would give even more tax breaks to millionaires.”
Added Schumer: “In short, the Ryan budget puts the middle class last instead of first. As a result, it will never pass the Senate.”
He defended the Democrats’ record on Medicare by pointing out that Affordable Care Act was intended in large part to reduce overall health care costs, shore up the program’s solvency, and reduce the nation’s long term debt.
“Republicans are patting themselves on the back lately for leading on entitlement reform. But when it comes to reining in the runaway costs of Medicare, the truth is the President did it first and he did it better,” he said.
Schumer’s remarks come the day before a much-anticipated speech by President Obama in which he is expected to lay out his own plan for dealing with the long-term debt.
