President Trump’s proposal to cut federal spending by more than $3.6 trillion over the next decade, much of it for programs that help the poor, faces harsh criticism in Congress, where even many Republicans say the White House has gone too far. It claims it could balance the budget in 10 years, using rosy estimates of growth and revenue alongside a continued abuse of the budget for “overseas contingency operations”, which is stuffed with $77 billion in extra spending. He does not propose ways to reduce spending in the two major areas where the federal government has made large unfunded promises, Medicare and Social Security.
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Trump’s balanced-budget goal depends not only on 3 percent growth projections that most economists view as overly optimistic but also a variety of accounting gimmicks, including an nearly $600 billion peace dividend from winding down overseas military operations and assuming that overhauling the tax code in a way that provides no net tax cuts would spark that growth and generate more than $2 trillion in higher revenues. There has been much attention to declarations by congressional Republicans that Trump’s budget plan was “dead on arrival”, and that the budget committees in the House and Senate would write their own budget plans without regard to the White House document.
Democratic defenders of the program warned that would deny health care and nursing home care to millions of people. It is certainly fulfilling a campaign promise of tightening the budget, however, Trump is doing so at the expense of lives.
Mulvaney repeatedly said that Social Security isn’t cut in the budget, even though Social Security disability benefits are slashed in the plan.
This is “demagoguery at the very highest level”, Mulvaney told “Fox & Friends” on Thursday, singling out New York City Mayor Bill de Blasio, who said “children will die” if this budget is enacted.
“We can all discuss how we cut spending in the future and how we deal with the budget going forward but it is absolutely critical. that we keep the credit of the United States as the most critical issue”, Mnuchin said. What President Donald Trump wants to do is merely slow the growth of Medicaid spending, he said.
“We need to take a look at our nutrition assistance programs to ensure that they are helping the most vulnerable in our society”, Conaway and Roberts said in a joint statement on the budget.
Salim Furth, a macroeconomics fellow at the conservative Heritage Foundation, said Trump’s budget plan “should not depend so much on things outside his control”.
In addition to the gutting of Medicaid, there are other health care-related cuts that will affect millions of working people and their children. That 3 percent growth rate is stimulated by the lower taxes proposed in the budget.
“Compassion for the billionaires”-the new mantra of the Trump administration and of American capitalist politics as a whole!” They show priorities, and that often is about it. Congress will battle this out, and it is unlikely many of Trump’s draconian proposed cuts will stay.
President Trump with Rep. Mark Meadows (R-N.C.), the chairman of the House Freedom Caucus, and House Speaker Paul D. Ryan (R-Wis.) appear after the House passed legislation aimed at repealing and replacing the Affordable Care Act. “Grow the economy, balance the budget”. Aderholt said that program “is something we should be proud of” and eliminating it “runs entirely counter to the idea of buy American, hire American” that Trump has championed.
Large school districts would benefit from school choice programs but rural communities in SC with fewer options may have a more hard time adjusting, he said. That this ideology would lead to monstrously, even cartoonishly, evil policies like cutting job training, food stamps, and health care, while cutting taxes for rich people, probably makes this a good time to go back to the ideological drawing board.
There does not appear to be sufficient political support among congressional Republicans for his proposed $600 billion cut over a decade to Medicaid, the nation’s health insurance program for the poor and almost poor.
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In presenting the budget, OMB Director Mulvaney did offer this assurance for those people who are getting government aid.
