|Rep. Paul Ryan (R-Wis)|
During a speech today at an Associated Press luncheon, President Barack Obama finally called the House budget plan supported by Mitt Romney and a vast majority of Republicans exactly what it is, “social darwinism”.
This budget, proposed by Rep. Paul Ryan (R-Wis) and passed by the house on a primarily partisan 228 -191 vote will be disastrous for the middle class, the poor, and the elderly and the Republicans don’t seem to care in the least.
This budget will lower the tax rates by eliminating the six tax brackets in favor of two, one at 10% and the upper level at 25% down from 35% for the wealthiest Americans. In addition, this budget aims to slow the growth of the federal deficit at the expense of social programs that help the poor and elderly.