Another bad budget from Trump targets the poor

  • Another bad budget from Trump targets the poor

Another bad budget from Trump targets the poor

So much for the Republican fetishization of working one's way through college. Or a stunning $1.4 trillion over the next decade?

The New York Times adds that the budget is controversial for other reasons, not least hundreds of billions of dollars of cuts over the next decade "that would cut deeply into programs for the poor". Of the 10 states that have the most food stamp recipients, seven went Republican in the 2016 presidential election - Florida, Georgia, Michigan, North Carolina, Ohio, Pennsylvania and Texas.

While not addressing Medicare's long term financial problems, the budget targets the much smaller Children's Health Insurance Program, or CHIP.

Mulvaney said the tax plan wasn't fully incorporated in the budget proposal because it was a guideline of principles, but one of the most explicit parts of that plan was repealing the estate tax.

Because of the aging population, Trump can not return the economy to 3 percent growth, said Bill Hoagland, a senior vice president at the Bipartisan Policy Center who formerly served as a Republican aide on the Senate Budget Committee. They want to know whether it would meet a pledge he made shortly after the election that there would be "no absolute tax cut" for the rich.

White House budget director Mick Mulvaney told a separate House panel that the reason for the new deadline is that "receipts now are coming a little bit slower than expected". Many economists are skeptical, because slower growth stems from two hard-to-change trends: (1) the massive retirement of baby-boomers, which reduces the workforce; and (2) weak productivity gains - businesses are struggling to become more efficient.

Now this is where it gets confusing.

Mr Mulvaney, a former tea party congressman, is the driving force behind the Trump budget plan, winning the president's approval for big cuts to benefit programmes whose budgets are essentially on autopilot. The biggest of those, by far, is an $866 billion reduction over 10 years in health care spending, mostly from Medicaid. "This budget makes it clear that we will reverse this larceny".

The administration's Fiscal Year 2018 budget is titled "A New Foundation for American Greatness", but Mulvaney told lawmakers it could have had a different title: "We could have called it the "taxpayer first" budget".

He warned of a potential pox on the Trump White House: "I'll tell you, sometime in the president's term, you will have a pandemic".

"The Trump budget is shockingly extreme, the antithesis of what the American people have said they want from their government", Jayapal said.

Mulvaney gave an unapologetic defense of Trump proposals to slash programs related to the environment, education, health care for the poor and foreign aid.

Homeland Security Secretary John Kelly defended proposed budget cuts to state and local grant programs and a proposal to spend more than $2.7 billion to add thousands of new immigration jail beds despite steep declines of arrests along the Mexican border.

The budget does feature a handful of domestic initiatives, including a six-week paid parental leave program championed by Trump's daughter, Ivanka, that would be designed and financed by the states through cuts to unemployment insurance.

Saying the economy will grow 3 percent every year for the next 10 years doesn't make that happen, either.