For Immediate Release: May 10, 2012
CLASP Statement on House's Sequester Replacement Act
Following is a statement by Alan W. Houseman, executive director of CLASP, regarding the House of Representative's upcoming vote today on the majority's Sequester Replacement Act. The bill proposes severe cuts to programs that provide much needed support to the nation's moderate- and low-income workers, children and elderly.
"Today's House vote is a statement of its priorities for our country, and it's not low- and moderate-income children, families and elderly.
The House's leadership has said time and time again that they believe in shared sacrifice, but their support for these cuts demonstrates they do not. Instead, they are choosing to place the lion's share of deficit reduction on the backs of struggling families—those least able to shoulder this burden. Real shared sacrifice would mean a bill that includes closing corporate tax loopholes and raising importantly needed revenue, instead of solely creating "savings" by slashing programs that will ultimately cost struggling families. These are programs like the Supplemental Nutrition Assistance Program (SNAP), which faces $36 billion in cuts over 10 years, and is a program that's been proven to reduce poverty and increase health. This budget reconciliation supported by the majority also includes $7.6 billion in cuts over 10 years to the Child Tax Credit, which alone lifted 2.6 million people out of poverty, including 1.4 million children, in 2010.
The budget process is about making tough decisions, but it's also about deciding our priorities and what kind of nation we want to be. If we promote families and provide the kinds of assistance that help more individuals reach and stay in the middle class, we'll be not only a nation of opportunity for all, but a wealthier and healthier one as well."