Stark Choices in Dueling Budgets

“The two budget proposals now in Congress present Americans with a choice even starker than the one between the presidential candidates last year,” the Los Angeles Times reports.

“Under the 10-year budget plan released by House Republicans this week, tax rates would fall for high-income Americans and corporations, defense spending would be bolstered, and more than 30 million uninsured people would lose access to government-backed healthcare. Food stamps, student loans and free school lunches for children would be cut.”

“The Senate Democrats’ plan, released Wednesday, would increase taxes on the wealthy and some corporations, cut the Pentagon budget and add $100 billion in highway and school construction spending. Their plan would make modest reductions in healthcare and other domestic programs.”

Wonk Wire‘s “chart of the day” highlights the differences between the two budgets.