Republican Budget Resolutions: Same Failed Top-down Economics: the Effects of the Republican Budgets Versus the President's Budget

Publisher Marketing: With more than 12 million private-sector jobs created over the last 60 months, it is clear that the President's middle class economic agenda is working. But instead of taking the steps we need to strengthen the standing of working families, the Republican budgets for fiscal year (FY) 2016 would return our economy to the same top-down economics that has failed us before: cutting taxes for millionaires and billionaires, while slashing investments in the middle class that we need to grow the economy, like education, job training, and manufacturing. The Republican proposals stand in stark contrast to the President's FY 2016 Budget, which would bring middle class economics into the 21st Century. The President's Budget builds on the progress we've made and shows what we can do if we invest in America's future and commit to an economy that rewards hard work, generates rising incomes, and allows everyone to share in the prosperity of a growing America. It lays out a strategy to strengthen our middle class and help America's hard-working families get ahead in a time of relentless economic and technological change. And it makes the critical investments needed to accelerate and sustain economic growth in the long run, including in research, education, training, and infrastructure.