Trump's Budget

HayJenn

Moderator
Jul 2014
65,094
53,417
CA
#1
The Trump administration is proposing a sharp slowdown in Medicaid spending that would shift more than $1 trillion over 10 years by steering the entitlement program into a system of block grants that would give states far more freedom to set their own rules about how to cover the poor. The budget released by the White House on Monday also calls for a sizeable reduction for Medicare, the federal insurance for older Americans that President Trump has consistently vowed to protect. Most of the trims relate to changing payments to doctors and hospitals, and renewed efforts to ferret out fraudulent and wasteful billing — oft-cited targets by presidents of both parties.



Efforts the president and HHS Secretary Alex Azar advocate to curb the rising price of prescription drugs are part of the budget, as well. But spending on the National Institutes of Health, a longtime favorite of lawmakers of both parties, would be reduced by $4.5 billion, with the National Cancer Institute proposed to absorb the largest chunk of that cut. The idea of opening Medicaid to block grants to states — or a related idea that would create per-person funding caps — would both be fundamental alterations of a federal entitlement program that began in the 1960s as part of the War on Poverty and have always provided each state a share of funding for anyone who is eligible. The budget calls for limiting the program’s growth to the pace of inflation.

Since health care spending typically rises more swiftly than the consumer price index, tying it to the nation’s overall inflation rate would put a strong squeeze on the public insurance system that covers tens of thousands of poor, vulnerable people, some of them elderly.

https://www.washingtonpost.com/nati...512a6fe3439_story.html?utm_term=.ddd06aac306d

And nobody should be surprised that this is how he wants to pay for his "tax bill". You know that one that really only benefits large corps? And he is breaking yet another promise that he would balance the budget

Somehow I don't think older voters are going to take too kindly about their Medicare/Medicaid being cut. Especially when older people have more health problems and use about 2/3 rd's of all the money spent on healthcare in this country.
 

Sparta

Former Staff
Aug 2006
22,043
12,711
Connecticut
#4
DOA.

And the cuts to Medicare/Medicaid are a huge gift to the D's.
I was thinking the same thing, it's funny though, all during the previous election cycle I thought Trump was trying his best to lose the election. This budget seems to be raising the ante on stupidity, does he not want to be re-elected, does he really think people won't respond to threats to healthcare, medicaid and entitlements? It's an odd budget for a 1st termer.
 
Nov 2013
10,533
10,004
NY
#5
I was thinking the same thing, it's funny though, all during the previous election cycle I thought Trump was trying his best to lose the election. This budget seems to be raising the ante on stupidity, does he not want to be re-elected, does he really think people won't respond to threats to healthcare, medicaid and entitlements? It's an odd budget for a 1st termer.
Trump himself is an odd choice for a 1st termer.. so there's that.
 
Jul 2011
34,472
2,697
Tennessee
#7
Are they really cutting Medicare/Medicaid as in spending less then the year before or is it they are cutting the increases in the programs that were previously proposed?

I'd say the latter.
 

HayJenn

Moderator
Jul 2014
65,094
53,417
CA
#8
Are they really cutting Medicare/Medicaid as in spending less then the year before or is it they are cutting the increases in the programs that were previously proposed?

I'd say the latter.
Either way, it's a loser.


  • The Trump budget would cut about $845 billion from Medicare over 10 years
  • It cuts $241 billion from Medicaid
  • It would push Medicaid toward block grants which cap the amount each state would receive, which when the money runs out would result in pared-back benefits, recipients being tossed off the program or both
  • It would eliminate the Affordable Care Act’s expansion of Medicaid, which would mean millions would lose their health coverage
  • It would cut $25 billion from Social Security
  • It would impose work requirements on recipients of food stamps, Medicaid and housing assistance, forcing them to navigate a bureaucratic maze or lose their benefits
  • It would cut $220 billion from food stamps

https://www.washingtonpost.com/opin...budget-is-horror-show/?utm_term=.48dead2cd926

Remember when he said this?

Trump liked to emphasize how this position distinguished him. “I’m not going to cut Social Security, like every other Republican, and I’m not going to cut Medicare or Medicaid,” he said in an interview not long before that announcement.

Of course, this was predicted all along when his stupid tax bill passed. Give more to the rich and screw the average American.

These are programs that people pay for every year. I highly doubt most of them are going to be fine with slashing Medicare and SS to help pay for a stupid wall.
 
Sep 2012
3,683
3,548
California
#9
This should not come as a surprise to anyone who has followed conservatives for decades. First they create an economic disaster by cutting taxes, then they go after money for the poor, science, the arts, the environment, etc. Anyone here still think a vote for Jill Stein was a principled vote?
 

HayJenn

Moderator
Jul 2014
65,094
53,417
CA
#10
Trump unveiled his 2020 budget Monday that basically has no chance of getting enacted. Even Republicans balk at some of Trump’s proposed cuts. But the 150-page budget reveals a lot about Trump’s top priorities as his reelection campaign gets into full swing, and he looks to make it clear there are big differences between his vision for America and that of his Democratic rivals. In short, Trump wants more spending on the military and veterans and less spending on education, housing, welfare, transportation and science.

Big deficits are here to stay. Despite proposing the “most spending reductions ever sent to Congress,” as one of Trump’s top aides put it, the deficit is expected to hit $1.1 trillion this year and stay above the trillion mark every year through at least 2022. This is unprecedented in good economic times and is occurring because Trump and Congress are spending more at the same time the GOP tax cuts drive down government revenue. (Trump’s budget shows small increases the next few years in tax revenue, but that might be a stretch given what is occurring so far this fiscal year).

Trump predicts no recession — for a decade. No president likes to predict a downturn, but Trump is being exceptionally rosy in his outlook. His budget predicts about 3 percent growth every year for a decade. In contrast, the nonpartisan Congressional Budget Office predicts growth of slightly below 2 percent a year. To achieve Trump’s projection, the economy would have to grow at A-plus potential for years with no recessions, something the United States has not achieved before. Consider just this year and next: Trump’s budget forecasts 3.2 percent growth this year — almost a full percent above the Federal Reserve’s 2.3 percent prediction. In 2020, the vast majority of economists think growth will be around 2 percent (and some even say the United States will dip into a recession), but Trump’s budget predicts 3.1 percent growth.

The biggest losers: Under Trump’s budget proposal, 10 major departments and agencies would see their budgets slashed by 10 percent (or more) in the next year alone: Agriculture, Education, Energy, Health and Human Services, Housing and Urban Development, Interior, State, Transportation, Corps of Engineers, and the Environmental Protection Agency. The Trump administration likes to refer to a 5 percent cut in nondefense spending, but some agencies get far bigger chops than others. The EPA and Corps of Engineers would lose almost a third of their current funding



https://www.washingtonpost.com/busi...-budget-top-takeaways/?utm_term=.6f946c002ad5
 

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