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Yarmuth Statement on CBO Baseline

Apr 9, 2018

Washington, D.C. – Kentucky Congressman John Yarmuth, Ranking Member of the House Budget Committee, issued the following statement on the release of CBO’s new baseline:

“Today’s new CBO baseline confirms that President Trump and Congressional Republicans’ irresponsible fiscal policies have sent our deficits soaring to $1 trillion a year.  Instead of taking a reasonable and bipartisan approach to our long-term budget challenges,  Republicans have enacted deficit-busting tax breaks for millionaires and big corporations that starve our government of funding for critical national priorities.  The consequences are falling squarely on seniors and hard-working families as Republicans are now targeting Medicare, Medicaid and other key investments for drastic cuts.”