WASHINGTON, Feb. 24 (UPI) — The White House, putting pressure on Republicans, issued a breakdown Sunday of the impact of the looming sequestration on each of the 50 U.S. states.
Across the board budget cuts go into effect Friday unless Congress and the administration reach a compromise. Republicans want to trim back entitlements such as Social Security and Medicare, while Democrats want to close tax loopholes for corporations and the wealthy to raise more revenue.
“Unless Congress acts by March 1, a series of automatic cuts — called the sequester — will take effect that threaten hundreds of thousands of middle class jobs, and cut vital services for children, seniors, people with mental illness and our men and women in uniform,” a White House statement said.
“There is no question that we need to cut the deficit, but the president believes it should be done in a balanced way that protects investments that the middle class relies on. Already, [President Obama] has worked with Congress to reduce the deficit by more than $2.5 trillion, but there’s more to do … .
“Unfortunately, many Republicans in Congress refuse to ask the wealthy to pay a little more by closing tax loopholes so that we can protect investments that are helping grow our economy and keep our country safe. By not asking the wealthy to pay a little more, Republicans are forcing our children, seniors, troops, military families and the entire middle class to bear the burden of deficit.”
In U.S. House Speaker John Boehner’s state of Ohio, the breakdown said, among a list of things the state stands to lose includes “approximately $25.1 million in funding for primary and secondary education, putting around 350 teacher and aide jobs at risk.”
“In addition,” the statement continued, “about 34,000 fewer students would be served and approximately 100 fewer schools would receive funding.
“In addition, Ohio will lose approximately $22 million in funds for about 270 teachers, aides, and staff who help children with disabilities.”
Copyright 2013 United Press International, Inc. (UPI).
When you have a tax system that collects more federal tax $ from 20 people making $50,000 per year ($1,000,000 total) compared to federal taxes collected from a single person making $1,000,000 per year you have a disfuctional sysem that promotes free enterprise but cannot sustain itself. This is simply wrong. It cannot survive. If the top 20% are paying 75% it still isn’t enough. Don’t blame the middle man. He didn’t write these messed up tax laws.
Government is to big and spends too much. It must shrink like the private sector did. Anymore the easy street is either a gubment job or SSI. Why should anyone work for the man, when you can get $1000 a month of free money and get cash on the side?
The future is Social Security for everyone at every age. An autistic child is like hitting the lottery.
May you have a debilitating illness and hit your own “lottery”.
I heard the other day that a single mother with 2 children gets $82,000 in government aid per year if she applies and qualifies for everything she can. And that is income tax-free.
I would have to see that breakdown.
$82,000??!!! That’s HILARIOUS! Been reading Conservative web sites again? No state will give any woman with 2 kids $82,000 in benefits. Get real.
@Katie-here is some Info for you-Last month the Senate Budget Committee reported that in fiscal year 2011, between food stamps, housing support,child care, Medicaid and other benefits, the average U.S. household below the poverty line received $168.00 a day in government support. The median household income in the U.S. is $137.13 a day. To put it another way, being on welfare now pays the equivalent of $30.00 p/hour while the average job in the U.S. pays $20.00 p/hour. No wonder we have more and more people on welfare. They make more money and don’t have to work.
Obama just hates the idea of anyone having more money then he does. Who the heck does he think he is kidding?
You must first elect politicians who’s allegiance is to the people and not to a political party. Until then we will continue this free fall to the depths of poverty and military weekness. More of our economy’s money must be put into play and the expected standard of living must include a little blood, sweat and tears. Don’t expect a magic trick. Get ready to pull your boots on, your panties up and gloves on cause the work is going to give us some much needed residuals of hard work.
Close tax loopholes and reform the welfare system! Raising taxes on the “RICH” will definatley not solve America’s financial woes. We need “BIG TIME SPENDING CUTS” !!!!
18% percent of top wage earners ARE PUBLIC EMPLOYEES whom wages come from draining the private sector from having a good life !
The top 20% of earners pay 75% of Federal taxes, I think that is more than their fair share.
That’s simply income tax, NOT total tax. Everyone knows the simple man pays the bills. Even Leona Helmsly knew the little man paid the taxes. Don’t believe your Rush Limbaugh talking points. It’s all BS. You have to learn to think for yourself in this world, Hannity isn’t gonna do it for you.
The top 20% of earners paid 63.1% of TOTAL Federal taxes in 2012. Put that in you pipe and smoke it.
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http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/57xx/doc5746/08-13-effectivefedtaxrates.pdf
Ya and what % of income did they earn? Federal income tax is only one part of tax that doesn’t include payroll tax. You’re just parroting dumb TV.
the rich pay 40% of all taxes. They own 90% of the wealth. What is their fair share?