Reid: Ryan-Koch budget harms students, seniors

Senate Majority Leader Harry ReidHarry ReidPelosi blasts GOP leaders for silence on Trump Latinos build a wall between Trump and White House in new ad The true (and incredible) story of Hill staffers on the industry payroll MORE (D-Nev.) said Wednesday that Rep. Paul RyanPaul RyanCalifornia House Republicans facing tougher headwinds Breitbart escalates war on Paul Ryan GOP: Obama ‘in denial’ about healthcare law failures MORE’s (R-Wis.) budget would result in “more poverty and less opportunity.”

Ryan released his budget Tuesday, which reduces taxes, but cuts federal programs. 

Reid said the spending cuts to Medicare and financial aid harm seniors and students.

“The Ryan-Koch budget tells our nation’s children you’re on your own,” Reid said on the Senate floor. “It rolls back federal financial aid to students. 

“The Koch-Ryan budget breaks the promise to seniors. … It would be the end to Medicare as we know it.”

Reid said Ryan designed his budget to help the wealthy, such as David and Charles Koch — billionaire oil tycoons Reid has often criticized.

Senate Democrats decided not to release a budget because a two-year budget agreement was reached last year. Instead Democrats are focusing on wealth inequality issues, such as raising the minimum wage and extending long-term unemployment benefits.