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cashgazette.com June 28, 2017


President Donald Trump to propose $4.1 trillion budget

24 May 2017, 05:35 | Marie Dunn

The Congressional Budget Office estimates that over 10 million people would be cut off of Medicaid as a result of the cuts made by the AHCA, the Republican health care bill Mr. Trump championed.

One of the aides said Trump still lacks the support needed.

"The focus is sustained 3 percent economic growth", said White House Budget Director Mick Mulvaney said during the unveiling of the president's budget.

He would give a lot more money to the defense industry and wealthy taxpayers, and he would pay for that with an unprecedented slashing of safety net programs for America's poor. "This one has all the gimmicks", he said, noting that the document is full of dubious assumptions, unsubstantiated claims and fiscal games.

But he also feels it needs to be reformed. It would also force some people on Social Security's disability program back into the workforce.

President Donald Trump's 2018 budget plan released Tuesday faced near-universal pushback in Congress, as even members of his own party expressed skepticism over its provisions.

On taxes, Trump promises an overhaul that would cut tax rates but rely on erasing tax breaks and economic growth to avoid adding to the deficit. But it does show how the Trump administration hopes to handle the health entitlements. White House officials also were committed to protecting military spending. "At the same time, the budget lays the groundwork for an ambitious defence reform agenda to reduce the costs of military programmes wherever feasible without reducing effectiveness or efficiency", the White House said.

The budget would slash programs for rural and small-town America, pillars of Trump's political strength last November.

Altogether, Trump wants to carve $5.8 billion out of the NIH, with a billion dollars being cut from the National Cancer Institute, $838 million from NIAID and more. That's almost one in five Americans. It adds almost half a trillion dollars to defence spending. Two in five children are covered by the program, as are three in five nursing home residents. Don't believe that, because of the way Congress totals up spending cuts. Medicaid is the third largest program domestic program in the federal budget, behind Social Security and Medicare.

Now the program is open to anyone who qualifies - children and citizens who are disabled or have low income.

It's certain to include a wave of cuts to benefit programs such as Medicaid, food stamps, federal employee pensions and farm subsidies.

Food stamp funding would be slashed by about 25 percent, with a new work requirement imposed on some recipients. Schumer said. "They've been favored by my friends across the aisle". The average participant received $125.50 a month.

The government hasn't run a surplus since 2001, and deficits spiked during former President Barack Obama's term in the aftermath of global financial crisis. School lunches and food stamps are in the crosshairs, too. In 2008, there were a little more than 28 million American enrolled in SNAP.

The main complaint from businesses, however, is they can't find skilled workers.

The new cuts are unpopular as well, with Rep. Mike Conaway, R-Texas, chairman of the House Agriculture Committee, saying: 'We think it's wrongheaded.

And, the budget supports broader efforts to streamline government, which will drive an economic boom and raise incomes and expand job opportunities for all Americans, the White House said.

Title I is the biggest K-12 federal education program. It will nearly certainly add trillions to the debt. The typical enrollee is in his or her late 50s. It provides for Trump's $1 trillion infrastructure proposal. Relatively few enrollees leave SSDI.

"We are going to do more with less and make the government lean and accountable to the people". And it would not only bar the organization from Medicaid funding, but from any other Health and Human Services program, including the Title X family planning program, maternal and child health, STD testing and treatment, and Zika prevention.



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