Budget Cuts 2020
Shares February 10, 2020 10:47PM (UTC)While calling for an extension to his tax cuts for the rich and massive investments in his proposed border wall, President Donald Trump's proposed budget seeks to cut hundreds of billions of dollars from entitlement programs like Medicare, Medicaid and Social Security.' We will not be touching your Social Security and Medicare in Fiscal 2021 Budget,' Trump tweeted on Saturday, hours before the White House released a budget proposal that sought deep cuts to both programs.
The released Monday would cut Medicare by $850 billion, cut Medicaid by $920 billion and cut Social Security by $30 billion over the next decade, according to. The proposal would also slash food stamp spending by $181 billion. The plan also calls for a steep 8% cut to the Education budget; a 9% cut to the Health and Human Services Budget, including the Centers for Disease Control; and a 26% cut to the Environmental Protection Agency budget. The Interior Department would see a 13% budget cut; the Department of Housing and Urban Development would see a 15% cut; and both the State Department and U.S. Agency for International Development would be slashed by 22%.However, Trump's budget proposal calls for an increase to the Homeland Security funding and $2 billion in additional funding for his border wall, down from $5 billion last year.Despite the deep cuts, the budget plan acknowledges that the proposal would fail to eliminate the deficit over the next decade.
Jan 21, 2020 The governor’s budget plan also calls for cutting $1.8 billion in state aid to localities, including by trimming planned increases in education funding from 4 to 3 percent.
Trump's advisers vowed to eliminate the deficit by 2028, but it has. Advertisement:The new proposal claims to eliminate the deficit within 15 years, though it would only achieve this through 'unprecedented' 3 percent growth through 2025, which are 'levels the administration has failed to achieve for even one year so far,' The Post reported.Growth has continued to decline under Trump, falling to 2.3% in 2019 — the weakest GDP growth since he took office. The Congressional Budget Office over the next decades.The budget deficit is expected to increase to more than $1 trillion this year for the first time in nearly a decade, largely as a result of the 2017 Trump tax cuts, which in revenue needed to pay for the budget. The federal debt has. Congress has rejected most of Trump's previous budget proposals, and Democrats wasted no time in sounding the alarm on his latest plan.' This destructive and irrational President is giving us a destructive and irrational budget,' House Budget Chairman John Yarmuth, D-Ky.,.
'He is proposing deep cuts to critical programs that help American families and protect our economic and national security. Furthermore, the budget reportedly includes destructive changes to Medicaid, SNAP, Social Security and other assistance programs that help Americans make ends meet – all while extending his tax cuts for millionaires.'
The first six months were difficult for our team and almost led to collapse.
Jeff Merkley, D-Ore., who sits on the Appropriations Committee, called out Trump for falsely claiming that he would not seek to cut vital health programs. Speaker of the House Nancy Pelosi, D-Calif., added that the proposal shows 'just how little he values the good health, financial security, and well-being of hard-working American families.' 'Year after year, President Trump's budgets have sought to inflict devastating cuts to critical lifelines that millions of Americans rely on,'. 'Less than a week after promising to protect families' healthcare in his State of the Union address, the president is now brazenly inflicting savage multi-billion-dollar cuts to Medicare and Medicaid — at the same time that he is fighting in federal court to destroy protections for people with pre-existing conditions and dismantle every other protection and benefit of the Affordable Care Act.'
Igor DeryshIgor Derysh is a staff writer at Salon. His work has also appeared in the Los Angeles Times, Chicago Tribune, Boston Herald and Baltimore Sun.
Critics of President 's new budget are accusing him of breaking a key campaign promise ahead of his 2020 re-election bid.His fiscal 2020 proposal unveiled Monday calls for reductions in funding for Medicare and Medicaid relative to current law. Over a decade, the plan would shave an estimated $800 billion or more off Medicare, which covers older Americans, according to the Kaiser Family Foundation and various reports. It would also cut spending on Medicaid, the federal-state program that insures low-income Americans, by more than $200 billion while setting up block grants to states. Congress ultimately decides what money to spend, and Trump's proposal is not likely to get through Capitol Hill. Still, a budget represents a president's priorities even if it may not ultimately impact Americans' lives.For Trump — who during his 2016 presidential bid promised not to cut the popular Medicare, Medicaid and Social Security programs — the proposal opens another vulnerability as he tries to hold on to the White House. In 2015, he declared that he 'was the first and only' possible GOP presidential candidate to 'state there will be no cuts to Social Security, Medicare & Medicaid.'
Multiple candidates for the Democratic presidential nomination seized on suggested cuts to the social safety net, arguing they would hurt seniors and the most vulnerable Americans. They will likely keep the president's health care policies top of mind through the November 2020 election, after Republican efforts to repeal the Affordable Care Act helped Democrats flip control of the House in last year's midterms.Democratic presidential hopeful Sen. Kamala Harris of California called the proposed funding reductions 'yet another piece of evidence for why we need a new president.'
Bernie Sanders, a Vermont independent running for president as a Democrat, framed the floated health-care changes as a 'massive transfer of wealth' from the working class to the richest Americans. The proposed Medicare changes aim to address waste and abuse in the system — efforts that both major parties have supported in the past. It is 'hard to predict how these proposals would affect patient care if they became law,' said Tricia Neuman, director of the Kaiser Family Foundation's Program on Medicare Policy.However, she expects hospitals and health providers to say the budget will harm seniors. AARP — a special interest group dedicated to older Americans — said it is 'concerned about proposed cuts to programs important to seniors' in Trump's budget despite his efforts to address drug prices.The White House has denied that Trump wants to gut Medicare — a widely popular program.
Just as he did after President Donald Trump’s trip to Europe, former President Barack Obama will make a tour of Asia, weeks after Trump returned from his first official state visit abroad to Japan and China. The “shadow president,” apparently concerned that his successor will somehow make the results of Obama-era foreign policy worse, will …. Reprinted with permission from MediaMatters. Fringe media supporting President Donald Trump have claimed that former President Barack Obama violated federal law and is acting as a “shadow president” because he has talked to former and current foreign leaders since the end of his presidency. Joe Biden Confusingly Pretends He’s President, Holds Dangerous ‘Shadow Briefings. What we are dealing with now is simply magnitudes less controllable than anything the Obama administration dealt with. Even still, over 12,000 people died under Biden’s watch from H1N1, so perhaps he should sit this one out? Obama’s postpresidency is thus shaping up to be virtually unique in American history: rather than departing Washington, he is planting his flag there, establishing, in effect, a shadow presidency. Obama’s move breaks with long-standing precedent. Obamas.
On Monday, acting Office of Management and Budget Director Russ Vought said the president is 'not cutting Medicare in this budget' but rather 'putting forward reforms that are cutting drug prices.' Medicare spending would still rise 'every year by healthy margins' and no 'structural changes' would take place, he said.While spending would still rise under Trump's plan, it would not climb as much as it would under current law. His proposal fits within a broader Republican push to reform the massive federal safety net programs Medicare and Social Security, which are projected to come under an increasing strain in the coming years from the aging U.S. During last year's midterms, Democrats frequently warned about potential GOP efforts to trim the programs in order to make up for revenue shortfalls created by corporate and individual tax cuts passed in 2017.Medicare — which covers roughly 60 million people over age 65 — accounted for about 15 percent of the federal budget in 2017, according to the Kaiser Family Foundation. It is set to make up about 18 percent of federal outlays in 2028.Trump's budget proposal comes as Democrats widely call for an expansion of government health options. Candidates for the 2020 Democratic nomination, whether by giving Americans a choice to opt into Medicare or Medicaid or by setting up a single-payer system.Sen. Brian Schatz, D-Hawaii, summed up Democrats' argument: 'One party wants to expand Medicare and Medicaid and the other wants to cut them.'
It is unclear how the Medicare cost cuts proposed by Trump would directly affect patients. The money would largely come from payments to hospitals and other health providers, according to Kaiser's Neuman.Efforts to control Medicare costs are not new.
The Affordable Care Act — better known as Obamacare — cut $716 billion from the program. Those savings came largely from reducing payments to Medicare Advantage plans, which private companies offer, Neuman said.Past plans floated in Congress offer a better understanding of how Trump's wider health-care proposals would affect Americans. His proposal to undo Obamacare's Medicaid expansion and set up block grants to states echoes a bill put forth by GOP Sens.
Bill Cassidy of Louisiana and Lindsey Graham of South Carolina in 2017.During the GOP's rush to dismantle Obamacare in 2017, the Congressional Budget Office did not have the time to do a full accounting of the plan's effects. Still, it would reduce deficits by $133 billion. The CBO added that 'the number of people with comprehensive health insurance that covers high-cost medical events would be reduced by millions' compared with current law.Criticizing another party's plans to potentially damage Americans' health coverage has long been seen as a politically potent attack. Democrats put Republican attempts to repeal Obamacare — and potentially get rid of the law's protections for people with pre-existing medical conditions — front and center during last year's elections.Trump will now have to defend against attacks on his plan to cut Medicare costs. Not long ago, he was on the sidelines during the 2012 presidential criticizing President Barack Obama for trimming Medicare spending.'
There's only one person who has defunded Medicare. His name is @BarackObama,' Trump tweeted in August 2012.