Published: Wed, May 24, 2017
National | By Rosalie Gross

Trump aims to slash government spending in budget plan


"President Trump's budget is nothing more than a long list of broken promises to the American people", said Ways and Means Committee Ranking Member Richard Neal of MA.

The plan would cut by more than $72 billion the disability benefits upon which millions of Americans rely. He calls it "immoral".

Members of the House Freedom Caucus said earlier this year that Trump would have to show how he would offset the cost of a wall, while Democrats flatly oppose the proposed wall.

-Young Workers: By not addressing Social Security or Medicare benefits for retirees, Trump's budget increases the likelihood that young workers will eventually face either significant benefit cuts or big tax increases.

The budget does not include any direct Medicare cuts, but does propose to get rid of the independent Medicare Payment Advisory Commission, or MedPAC, that was established under the ACA.

ENERGY - Trump's White House would sell half of the nation's emergency oil stockpile and open the Alaska National Wildlife Refuge to drilling as part of a plan to balance the budget over the next 10 years and ramp up American energy output.

U.S. President Donald Trump is proposing major changes in the way Washington's $4.1 trillion budget is spent, with more money for the military, border security, and veterans.

Said Sen. Bill Cassidy, R-La.: "I don't think the president's budget is going anywhere".

Trump wants to slice the food stamps program known as SNAP by $190 billion and reduce a key student loan program for low-income individuals by $143 billion over the next decade.

Jason Furman, a chairman of the White House Council for Economic Advisers under Obama, suggested that the Trump administration had double-counted the supposed benefits of its tax cuts.

President Trump has released his detailed budget proposal for 2018, an ambitious document that will encourage his supporters and enrage many of his critics.

No. 2 Senate Republican John Cornyn calls the budget "dead on arrival".

"This Budget reflects this Administration's commitment to fiscal responsibility while continuing HUD's core support of our most vulnerable households", said HUD Secretary Ben Carson.

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Following a private meeting with Abbas, Trump was expected to make remarks about the deadly explosion in Manchester, England. After the wreath-laying ceremony, Trump will deliver an address at the Israel Museum to the Israeli people.

Republicans who control the U.S. Congress - and the federal purse strings - will decide whether to make politically sensitive cuts, and the proposal is very unlikely to be approved in its current form. But as for Medicaid - the program that provides health coverage for low-income Americans - Trump has reversed course so hard and fast it's remarkable he hasn't altered the rotation of the Earth.

He warned that if Republicans try to pass it, he could "guarantee the American people would rise up and reject their policies and would reject them".

However, it was discussing the cuts to aid programs where Mulvaney showed the true objective of the budget plan.

The budget calls for $8.4 billion for mental health care and $1.7 billion for homeless assistance programs, both at the same level that President Barack Obama's administration requested a year ago.

The centerpiece of the Trump administration's Fiscal Year 2018 Budget proposal is an overhaul of safety net programs that eclipses any proposals in recent decades. "We are going to measure compassion and success by the number of people we help get off of those programs and get back in charge of their own lives".

To their credit, both Republicans and Democrats have said this budget is a non-starter. It happened to Obama and Bush, and there are those who hope it happens to President Donald Trump.

Trump's budget would reduce funding for educational and cultural exchanges by 52 percent, including a 47 percent cut to the Fulbright Program, which enables US citizens to go overseas and brings foreign students to study in the United States.

"At least we now have common objectives: grow the economy, balance the budget".

President Donald Trump would dramatically reduce the USA government's role in society with $3.6 trillion in spending cuts over the next 10 years in a budget plan that shrinks the safety net for the poor, recent college graduates and farmers.

The Trump administration's budget for the 2018 fiscal year is set to cut huge amounts from programs like Medicaid and food stamps.

"I made the case for why those programs would need reform", said Mulvaney.

The rebuilding plan, according to the budget, would inject $200 billion into transportation projects over 10 years, with the goal of creating $1 trillion worth of overall investment.

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