The White House rejected Rep. Paul Ryan’s (R-WI) “Path to Prosperity” budget blueprint for fiscal 2012 Tuesday, arguing that it unfairly guarantees the prosperity of wealthy millionaires while overburdening seniors and the poor.
“The President believes that dramatically reducing America’s long-term deficit is essential to growing our economy and winning the future,” Carney said in a statement. “Any plan to reduce our deficit must reflect the American values of fairness and shared sacrifice. Congressman Ryan’s plan fails this test.”
Ryan’s plan cuts taxes for millionaires and special interests, Carney said, while placing a greater burden on seniors who depend on Medicare or live in nursing homes, families struggling with a child who has serious disabilities, workers who have lost their health care coverage, and students and their families who rely on Pell grants.