The President's 2019 Budget Pushes Families Over The Brink
The just-released President's fiscal year 2019 budget drastically cuts vital safety net programs for millions of older and our most vulnerable citizens. The authors admit that soaring budget deficits caused by the Trump-GOP tax cuts and enormous spending increases will not be resolved any time soon.
This is all great news for the very wealthy who will get huge tax breaks, and the military-industrial complex which will vastly increase the obscene profits of war. The rest of us get to pay off government debt levels that are expected to rise by $7 trillion over the next decade! Here are some of the worst immediate consequences of the President's proposed FY 2019 budget
Cuts Medicare by $500 billion over ten years, threatening the health care of tens of millions of retired workers and their families
Slashes $1.4 trillion from Medicaid which covers long-term care for millions of seniors
Wages have been technically flat and in practice declining for decades due to corporate influence of politicians and public policy. Pensions have been all but obliterated over the last few decades. War has been waged against organized labor. And now, in the wake of massive tax cuts for the wealthy and profitable corporations, President Trump proposes to slash programs that help retirees and the working class to attain proper medical care and make ends meet.
Our families, our lives are being undermined and shattered. It is time to go into the streets with our union brothers and sisters, our church members, our school friends, our entire communities. It is time to put an end to the exploitation, impoverishment, and attacks on our very existence.
Source:National Committee to Preserve Social Security and Medicare
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LT Editor Joseph Hancock (L) was attending the 3rd WFTU North American Trade Union Seminar in Athens Greece.
18 delegates attended the seminar, including a representative of the Teamsters. educators from New York City and Anchorage, Alaska, shop stewards and local union presidents from Connecticut and Hennipin County, Minnesota locals of the American Federation of State, County, and Municipal Employees (AFSCME). New York City hospital workers SEIU Local 1199 also sent a delegate. The main topics were the International condition of class oriented trade unions, and their growing participation in WFTU. The continuing international economic and political crises were discussed.
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