Third Way rejects GOP’s morally bankrupt attack on entitlement programs.

WASHINGTON — Third Way released the following statement from Jim Kessler, Senior Vice President for Policy:

"We have long advocated for balanced changes in fiscal policy, but this latest attack from the Republican leadership is a travesty. Democrats and sensible Republicans should reject any proposals from Speaker Ryan to cut social spending as the solution to the budget deficit.

"It is morally bankrupt to cut taxes for the wealthy, finance them with deficits, and then devastate programs that middle- and low-income Americans rely on.

"Congress should repeal and replace the tax bill with a new economic foundation that can give all Americans the opportunity to earn a good life. Only a fair and balanced approach to fiscal policy can solve our long-term budgetary challenges as well as provide economic growth that boosts income for all Americans without mortgaging our children’s future."