Share |
02.10.20

Trump Budget Targets Federal Workers, the Vulnerable

IFPTE responds to Administration’s FY21 budget proposal

FOR IMMEDIATE RELEASE
Contact: Candace Rhett
(202) 239-4880


WASHINGTON, DC – The International Federation of Professional & Technical Engineers (IFPTE) released the following statements in response to today’s release of the Trump Administration’s $4.8 trillion Fiscal Year 2021 (FY21) budget proposal:

IFPTE President Paul Shearon:
“I was fortunate to participate in a call today with the Office of Management and Budget and the Office of Personnel Management in which Trump Administration officials claimed that they are putting forward a budget that is largely intended to address our escalating debt. It certainly is hard to take them seriously – in fact it’s downright laughable – as this is the very administration that is responsible for championing a 2017 corporate tax cut law that the Congressional Budget Office said is largely responsible for a more than $1 trillion federal deficit in 2020. As a result, the President now wants to slash such important federal services as Medicaid and food stamps and cut the non-defense budget by a whopping 5 percent. Fortunately, this budget will be dead on arrival on Capitol Hill.”

IFPTE Secretary-Treasurer/Legislative Director Matt Biggs:
“Any president’s budget is a simple blueprint of the administration’s priorities for the nation. This budget includes $1.4 trillion towards supporting President Trump’s 2017 tax cut law that benefits the ultra-wealthy and corporations, not working families. It also includes proposals to push our most vulnerable citizens off of Medicaid, while concurrently slashing overall Medicaid funding to States by block-granting the program. The budget goes on to gut food assistance programs for working people living under the poverty line, while recommending significant cuts to federal worker pensions and health care. Like past budgets from this Administration, it makes very clear that the President’s priorities are neither deficit reduction, nor working families. Rather they are catering to corporations and the billionaire class.”

The proposals in the President’s budget include: a 26% cut to the EPA budget; a meager 1% federal employee pay raise; an increase in federal worker contributions in the federal retirement fund without a corresponding pension increase; doing away with the FERS defined pension for newly hired federal workers; raiding federal worker investment earnings in the Thrift Savings Account G Fund, and; a doubling of the federal employee health care premium from 25% to 50%.

###

Download this Press Release here.

< View All News