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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Budget Slashes Aid to Poor and Offers Huge Tax Cuts
republicans care soooo much for Americans.....
WASHINGTON President Trump plans to unveil on Tuesday a $4.1 trillion budget for 2018 that would cut deeply into programs for the poor, from health care and food stamps to student loans and disability payments, laying out an austere vision for reordering the nations priorities.
The document, grandly titled A New Foundation for American Greatness, encapsulates much of the America first message that powered Mr. Trumps campaign. It calls for an increase in military spending of 10 percent and spending more than $2.6 billion for border security including $1.6 billion to begin work on a wall on the border with Mexico as well as huge tax reductions and an improbable promise of 3 percent economic growth.
The wildly optimistic projections balance Mr. Trumps budget, at least on paper, even though the proposal makes no changes to Social Securitys retirement program or Medicare, the two largest drivers of the nations debt.
To compensate, the package contains deep cuts in entitlement programs that would hit hardest many of the economically strained voters who propelled the president into office. Over the next decade, it calls for slashing more than $800 billion from Medicaid, the federal health program for the poor, while slicing $192 billion from nutritional assistance and $272 billion over all from welfare programs. And domestic programs outside of military and homeland security whose budgets are determined annually by Congress would also take a hit, their funding falling by $57 billion, or 10.6 percent.
The document, grandly titled A New Foundation for American Greatness, encapsulates much of the America first message that powered Mr. Trumps campaign. It calls for an increase in military spending of 10 percent and spending more than $2.6 billion for border security including $1.6 billion to begin work on a wall on the border with Mexico as well as huge tax reductions and an improbable promise of 3 percent economic growth.
The wildly optimistic projections balance Mr. Trumps budget, at least on paper, even though the proposal makes no changes to Social Securitys retirement program or Medicare, the two largest drivers of the nations debt.
To compensate, the package contains deep cuts in entitlement programs that would hit hardest many of the economically strained voters who propelled the president into office. Over the next decade, it calls for slashing more than $800 billion from Medicaid, the federal health program for the poor, while slicing $192 billion from nutritional assistance and $272 billion over all from welfare programs. And domestic programs outside of military and homeland security whose budgets are determined annually by Congress would also take a hit, their funding falling by $57 billion, or 10.6 percent.
https://www.nytimes.com/2017/05/22/us/politics/trump-budget-cuts.html
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Trump Budget Slashes Aid to Poor and Offers Huge Tax Cuts (Original Post)
spanone
May 2017
OP
mindem
(1,580 posts)1. There they go again
with the Social Security being one of the largest drivers of the nation's debt thing. Of course, not a word about the massive military spending. Before it's all said and done, there will be massive cuts to Social Security and even bigger cuts to taxes for the overly privileged and corporations.
Vinca
(50,279 posts)2. And all the while Republicans are thumping their Bibles.
Lochloosa
(16,066 posts)3. Kansas.