Thursday, 14 December, 2017

Cabinet members head to Capitol Hill to defend Trump budget

Cabinet members head to Capitol Hill to defend Trump budget Cabinet members head to Capitol Hill to defend Trump budget
Ron Matthews | 25 May, 2017, 05:57

But he drew rebukes, even from some Republican allies, for the plan's jarring, politically unrealistic cuts to the social safety net for the poor and a broad swath of other domestic programs. The budget proposal envisions cuts to the President's Emergency Plan for AIDS Relief (PEPFAR) program, a cornerstone of US global health assistance, which supports HIV/AIDS treatment, testing and counseling for millions of people worldwide.

His argument is that Medicaid funding will still increase in dollar terms each year during the 10-year budget window. With 10,000 baby boomers hitting retirement age each day, and an official unemployment rate of 4.4 percent, it would be hard for the US economy to grow as fast as the administration envisions without enlisting an army of new workers.

Trump's balanced-budget goal depends not only on the growth projections that most economists view as overly optimistic but also a variety of accounting gimmicks, including an nearly $600 billion peace dividend from winding down overseas military operations and "double counting" $2.1 trillion in revenues from economic growth - using them to both pay for tax cuts and bring down the deficit.

Mick Mulvaney, President Trump's budget director, said shifting costs to states would give them "a little bit of skin the game" and incentivize them to improve the programs. Democrats in Sacramento said they can't replace all of the federal cuts in the coming year's state budget, but they do hope to mitigate the impact of the most severe reductions.

"While it is certainly possible to attain above-trend growth in any given year, it is not fiscally responsible to base a budget on the assumption that such growth can be maintained permanently", said Robert Bixby, executive director of the Concord Coalition, a fiscal watchdog group.

"We have an aging population, and that means significantly lower labor-force growth and it also means lower productivity and lower investment", Goldwein says. It would cut hundreds of billions of dollars from Medicaid spending over the next decade. States would receive significantly lower overall payments from the federal government, and Washington would no longer match state spending on coverage for kids whose families make more than two-and-a-half times the federal poverty level, about $51,000 for a family of three.

Under the Trump proposal, many current grants would instead be converted to loans. It's how well we treat those in need.

The budget predicts a sweeping tax overhaul package that would strengthen economic growth while providing few details of how the tax code would change.

It was a freaky scene: An organization financed by Vladimir Putin's regime, in the White House, lecturing a Trump administration official.

"Here's what I'm happy about", Ryan said.

Trump's budget would squeeze additional savings beyond that, but congressional aides say how much is not exactly clear.

It also scales back Disability Insurance offered through Social Security, a step critics say breaks Trump's campaign promise to leave Social Security untouched.

Under this budget, the government's top spending priority is the military.

"In the America of President Trump's budget, children, working families, seniors and people with disabilities will be "fined, ' while the wealthiest Americans will get a 'bonus.' What's so 'great" about that America?" asked Sen.

The president would reduce almost a third of funding for diplomacy and foreign aid including global health and food aid, peacekeeping and other forms of non-military foreign involvement. Some called Trump's budget dead-on-arrival, while several Democrats called it "cruel". "This budget is not going to go anywhere". Trump's budget would cut $200 million from the program, which provides food for pregnant women, new mothers, infants and children up to age five. Previously, she was the Capitol Hill bureau chief for Politics Daily and founder and editor of Citizen Jane Politics.

Republican leaders, including Senate Majority Leader Mitch McConnell, said before the budget's release Tuesday that they would largely ignore the document.

The Supplemental Nutrition Assistance Program, the formal name for the food-stamp program, would face $192 billion in cuts over the next 10 years.

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