The democratic treasurers of the State come from the budget bill: “To impose barbies and gi Joes if you can even find them on the shelves of the store”

• House Republicans have published new details Regarding the GOP’s tax plan, feeding the debate on the cuts of expenses that could affect Medicaid and other assistance programs. During a call on Monday, democratic state officials criticized the GOP’s budget bill, saying that the cuts in the services would leave adults and vulnerable children struggling with unnecessary food insecurity and less resources for access to medical care.

Democratic State’s financial leaders are quickly and strongly back on the GOP budget bill nut detail have emergeD on tax provisions before a Tuesday House Committee reunion. The Budget Bill establishes the General Agenda of Federal Expenses, including the objectives and cuts of expenses that will finance the tax reductions.

According to Think Tank Tax Policy (TPC), a preliminary analysis He found that while all revenue groups would benefit from the tax proposal, more than two thirds of the tax cuts included would be used for homes that earned $ 217,000 or more. The higher 1%, those that win more than $ 1.1 million, would see a quarter of the tax cuts, reported TPC. In general, the bill would reduce taxes by about $ 5 trillion over the next ten years, found TPC.

One of the Key trouble will be the impact over Medicaidthat could be seen 880 million dollars In cuts. Some Democrats have suggested that health care reductions would reduce spending by $ 715 million.

On Monday callwhich included Massachusetts democratic treasurers, the Washington state, Illinois and a Houston controller, finance officials entered the budget bill.

“Republicans are pressing this time of Reagan, thinking that if we only release capital for the richest Americans, who will reinvest and stimulate domestic economies in some way, will expand the occupation and share the wealth for all,” said Washington State Treasurer. Mike Pellicchi.

This vision is “dated”, he said. In addition, the immense volatility in North -American trade policy has promoted investors and companies to rethink their capital strategies in the United States, said Pellicciotti. Investors are now looking for foreign investment opportunities for fear that they cannot trust a solid economic policy in the United States

“The rules based on almost a century is undergoing an immense test of stress, and those with the wealth and capital to isolate and adapt to this new reality will do so,” said Pellicciotti.

Illinois Treasurer, Michael Frichs, said that the Chamber Republicans are executing the play that President Trump requested to reduce healthcare spending to finance tax cuts for Rica Nord -Americans. The impact, said Frichs, will be that millions of North -Americans lose access to health care, including hundreds of thousands in Illinois.

“States have no additional income of $ 715 million,” said Frichs. “What Trump’s Republicans propose is a budget that takes the taxes paid to the Federal Government and dramatically reduces the programs that keep the heart and cancer at bay to allow tax cuts for the rich.”

It was complained that the costs for groceries, clothing and electronics are increasing as a result of the “chaotic Trump’s incoherent fare war”, while the global agenda will lead to “imposing barbies and Gi Joes, if you can even find them on the shop shelves”.

The White House did not respond immediately to a comment request.

Republican representative Brett Guthrie wrote a Wall Street Journal He said that the Democrats would use the tax plan as “an opportunity to participate in fear of fear” and that the bill was incorporated as “Medicaid attack”.

“In fact, it preserves and strengthens medicaid for children, people, people with disabilities and the elderly, for whom the program was designed.”

Pellicciotti, during a Monday call, said that the combination of cuts to healthcare services and infrastructure, along with tax changes and trade policy, for tectonic changes that will erode the economic environment.

“Given additional capital through tax reductions, we hope that the rich investors will continue to move their money abroad,” said Pellicciotti. “The financial industry and private capital companies will do what their customers win the greatest benefit.”

This story originally presented to Fortune.com