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KamaAina

(78,249 posts)
Sat Sep 17, 2016, 04:12 PM Sep 2016

Trump’s plan to destroy science, education, and veterans’ health care

https://thinkprogress.org/trump-would-destroy-everything-thats-not-the-military-social-security-or-medicare-15103b2da426

Tucked into the details of Republican presidential nominee Donald Trump’s revamped tax and economic package is something that sounds benign: the “Penny Plan.”

It seems simple and maybe even, to some, smart. To reduce spending — in an effort to pay for all of the other costly things he proposes, like big tax cuts — Trump promises to institute a rule that would cut everything that doesn’t go to the military, Social Security, or Medicare by 1 percent each year. That, the campaign claims, would reduce spending by nearly $1 trillion over a decade “without touching defense or entitlement spending.”...

It even includes things that have been prioritized by Trump, such as border patrol and the veteran health care system....

Trump’s plan would make things much, much worse. A new report from the Center on Budget Priorities (CBPP) quantifies just how much of a bite Trump’s penny plan would take. Under his plan, after a decade these programs would have to operate with funding that’s 29 percent lower than what they currently get.


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Trump’s plan to destroy science, education, and veterans’ health care (Original Post) KamaAina Sep 2016 OP
I was confused by the 29% lower after ten years. Jim__ Sep 2016 #1

Jim__

(14,076 posts)
1. I was confused by the 29% lower after ten years.
Sat Sep 17, 2016, 05:28 PM
Sep 2016

I looked at the report from the center on budget policies. I guess inflation is the catch. From the report:

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To help pay for his tax cut plan, Republican presidential nominee Donald Trump is proposing to cut total funding for non-defense programs funded through the annual appropriations process by 1 percent below the previous year’s total each year. While this may sound modest, the cumulative cut would be very substantial. By the tenth year (2026), non-defense appropriations would be about 29 percent below current levels, after accounting for inflation.

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