ICYMI: Extreme House Freedom Caucus Agenda Would Raise Costs For Working Families
FOR IMMEDIATE RELEASE: March 21, 2023
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ICYMI: EXTREME HOUSE FREEDOM CAUCUS AGENDA WOULD RAISE COSTS FOR WORKING FAMILIES
WASHINGTON, D.C. — Earlier this month, Congressional Republicans in the House Freedom Caucus released an extreme budget proposal that would hurt our economy and raise costs for working families. Their proposal gives massive tax breaks to the ultra rich and big corporations, increases the cost of essentials like health care, and doesn’t cut the deficit by a single penny.
“Republicans in Congress have a long tradition of raising costs for working families, and they’ve truly outdone themselves with this proposal,” said Building Back Together spokesperson Eileen Garcia. “Their agenda gives massive tax cuts to the ultra wealthy and big businesses, and makes working people foot the bill with higher costs for health care, prescription drugs, energy bills, education, child care, and more. President Biden has delivered legislation to lower these essential costs and help families get ahead — he won’t let Republicans in Congress undo this progress.”
The House Freedom Caucus agenda would raise the cost of:
- Health care – by repealing the Inflation Reduction Act, increasing health care premiums by an average of $800 per year for nearly 15 million Americans.
- Education – by eliminating Pell Grants for 80,000 students and reducing maximum awards by nearly $1,000 for 6.6 million students who receive Pell Grants.
- Energy bills – by repealing Inflation Reduction Act provisions that save families hundreds of dollars on energy-efficient windows, solar panels, and more.
And it would eliminate resources working families rely on, including:
- Preschool and child care – by denying 200,000 children access to Head Start slots, and 100,000 children access to child care, hurting kids’ education and preventing parents from joining the workforce.
- Medicaid and food assistance – by stripping access to these critical programs from millions of people, eliminating nutrition assistance for 1.2 million women, infants, and children.