March 6, 2018. On March 3, at the All Saints Episcopal Church in Woodhaven, a panel discussion that Congresswoman Nydia Velazquez hosted included Pelosi, Lieutenant Governor Kathy Hochul, Congressman Joe Crowley, Charles Khan from the Strong Economy for All Coalition, Jonas Shaende from the Fiscal Policy Institute, and Tracey Kavanagh, a registered nurse who serves on the board of directors of the New York State Nurses Association.

The tax bill signed into law on Dec. 22, 2017, leads to automatic federal funding cuts of $400 billion over the next decade. In the fiscal year 2018, $136 billion of those cuts will come into play, and $25 billion is required to come from Medicare. Pelosi’s fundamental message to the audience was that these cuts, which also spread to public education, food stamps and public housing, do not resonate with American values.

 

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Published On: March 6th, 2018|Categories: Federal Taxes & Budget Policy, FPI in the News|

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March 6, 2018. On March 3, at the All Saints Episcopal Church in Woodhaven, a panel discussion that Congresswoman Nydia Velazquez hosted included Pelosi, Lieutenant Governor Kathy Hochul, Congressman Joe Crowley, Charles Khan from the Strong Economy for All Coalition, Jonas Shaende from the Fiscal Policy Institute, and Tracey Kavanagh, a registered nurse who serves on the board of directors of the New York State Nurses Association.

The tax bill signed into law on Dec. 22, 2017, leads to automatic federal funding cuts of $400 billion over the next decade. In the fiscal year 2018, $136 billion of those cuts will come into play, and $25 billion is required to come from Medicare. Pelosi’s fundamental message to the audience was that these cuts, which also spread to public education, food stamps and public housing, do not resonate with American values.

 

Access Full Article HERE.

Published On: March 6th, 2018|Categories: Federal Taxes & Budget Policy, FPI in the News|

Share on Social Media!