Republican Economic Proposals Would Harm the People Trump Promised to Help

Statement of Sharon Parrott, CBPP President, on key priorities for the 2025 policy agenda

While the new President and new Congress will not take office until early next year, they have already put forward an agenda — through Project 2025, Republican budget plans, and campaign proposals — that would increase poverty and diminish opportunity. Their proposals would raise costs for basics like housing, food, and health care and take health coverage away from people; slash funding for schools where our children learn, roads and bridges we use to get to work, and scientific and medical research that improve our health and strengthen our economy; double down on tax giveaways for wealthy households and corporations while imposing tariffs that fuel inflation; and further widen already glaring differences in people’s well-being and opportunity across income, race, and ethnicity.

These policymakers campaigned on promises to make the economy work better for people without big bank accounts who are trying to get ahead. But their proposals to date seldom match those promises.

Instead, a policy agenda designed to advance economic opportunity and racial justice and help families make ends meet would:

• Make it easier for people to afford housing, food, health care, and prescription drugs.
• Support children and families with an expanded Child Tax Credit, especially for children who don’t get the full credit today because their families’ incomes are too low; more affordable child care; and investment in our schools so that all of our nation’s children get what they need to thrive.
• Invest in the things that will keep the economy strong and growing, including basic building blocks like roads, bridges, and research, as well as protections that keep our communities’ food, air, water, and workplaces safe.
• Support these investments with a fairer federal tax system that requires wealthy households and corporations to pay their fair share and strengthens our fiscal outlook.
• Create an immigration system that recognizes the critical role that immigrants and their families play in our communities and the economy, eschewing harsh deportation regimes that separate families and embracing reforms that provide people with a workable opportunity to gain legal status and a pathway to citizenship.

This kind of policy agenda would build toward a nation where everyone — regardless of their income or their background — can get the health care they need, afford to put groceries on the table, live in safe homes and strong communities, and have the income, education, and child and home care they need throughout their lives. And it would reflect the truth that our nation succeeds only when all of us succeed.

We are eager to work with policymakers who put forward policies that advance this agenda and we — together with our partners — will work hard against policies that make people less economically secure, less healthy, and have less access to opportunity.