Republicans Propose Controversial Budget with Benefit Cuts, Tax Breaks for Wealthy
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The Republican Study Committee released a proposed federal budget for 2025 that includes cuts to Social Security, Medicare, and Medicaid benefits.
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The budget repeals funding for renewable energy and emissions reductions while cutting taxes on investments and capital gains.
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It imposes work requirements on assistance programs and effectively repeals the Affordable Care Act.
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The budget proposes raising the Social Security retirement age despite disparities in life expectancy.
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Democrats criticized the budget as rigging the economy in favor of the wealthy and corporations at the expense of the middle class.