Winners and losers in Trump's budget proposal
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 10:45
The plan calls for cuts over the next decade of about $3.6 trillion in domestic programs, including $800 billion in Medicaid, the federal health care program for the poor and disabled, as well as almost $192 billion in food stamps. "No question, because I don't believe the president understands the finer details of what he himself is submitting to the Congress".
Mulvaney said Washington should work like "real life" where you don't say a budget is cut if it doesn't increase from one year to the next.
The plan cuts nearly $3.6 trillion from an array of benefit programs and domestic agencies over the coming decade.
President Donald Trump's first budget unveiled Tuesday proposes steep cuts to social safety net programs used by hundreds of thousands of Utahns, according to critics. The food stamp program serves about 42 million people. "If you are on disability and you should not be, we need you to go back to work".
President Donald Trump's 2018 budget proposal is just a blue print of his priorities that Congress doesn't have to follow, Rep. Cathy McMorris Rodgers said Tuesday morning. The red ink would be erased by reducing all domestic programs by 2 percent annually for the next 10 years and through optimistic projections for economic growth that will lead to increased revenues from federal taxes and other sources.
Unless Trump is able to rally broader support and win more funding for construction in another fiscal year, his plans for a "big lovely wall" that he promised during his election campaign last year may not be realised, the aides said.
But the document says if Trump's initiatives are adopted the deficit will start declining and actually reach a small surplus of $16 billion in 2027.
However, it does not touch the social insurance program Medicare and the Social Security retirement program, which are known for increasing national debt.
Trump's GOP allies rejected such cuts when wrapping up long-overdue legislation for the current budget year, which ends September 30.
Congress has been adding tens of billions of dollars annually to pay for crumbling roads because gas tax revenue is not keeping up with fix needs.
The President's first major budget proposal, which assumes the Medicaid savings in the Affordable Health Care Act (AHCA) will be passed, would make $800 billion in cuts to Medicaid over the next decade.
The plan calls for significant funding cuts for global health programs, food aid, and worldwide peacekeeping, as well as educational and cultural exchanges and climate change programs.
The Trump budget would eliminate the Obama administration's TIGER grant program, saving $5 billion over 10 years in the program that has funded transit projects. That includes cuts to pensions for federal workers and higher contributions toward those pension benefits, as well as cuts to refundable tax credits paid to the working poor.
Instead, the Trump tax plan promises an overhaul that would cut tax rates but rely on erasing tax breaks and economic growth to end up as "revenue neutral".
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. This budget aims to increase funding for more border agents and immigration judges, increased immigrant detentions, and fighting the opioid crisis, but it does not earmark additional funds for training police. "This budget is not going to go anywhere".
But Perry, who once called for the abolition of the department, has become an outspoken proponent of the department's importance, particularly the national labs. It's been a big economic factor for us, and we're going to fight for that.