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Old 02-12-2018, 01:58 PM  
oaklandhater oaklandhater is offline
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Trump Proposes to Cut Medicare and Spend Big on Wall and Defense

https://www.bloomberg.com/gadfly/art...norance-charts

Trump Proposes to Cut Medicare and Spend Big on Wall, Defense

President Donald Trump will propose cutting entitlement programs by $1.7 trillion, including Medicare, in a fiscal 2019 budget that seeks billions of dollars to build a border wall, improve veterans’ health care and combat opioid abuse and that is likely to be all but ignored by Congress.

The entitlement cuts over a decade are included in a White House summary of the budget obtained by Bloomberg News. The document says that the budget will propose cutting spending on Medicare, the health program for the elderly and disabled, by $237 billion but doesn’t specify other mandatory programs that would face reductions, a category that also includes Social Security, Medicaid, food stamps, welfare and agricultural subsidies.

The Medicare cut wouldn’t affect the program’s coverage or benefits, according to the document. The budget will also call for annual 2 percent cuts to non-defense domestic spending beginning “after 2019.’

At a time when the prospect of rising annual budget shortfalls has spooked financial markets, the White House said in a statement -- without explanation -- that its plan would cut the federal deficit by $3 trillion over 10 years and reduce debt as a percentage of gross domestic product. Yet, in a break from a longstanding Republican goal, the plan won’t balance the budget in 10 years, according to a person familiar with the proposal.

The budget, to be released later on Monday, is unlikely to gain traction on Capitol Hill. Lawmakers routinely ignore the spending requests required annually from the executive branch. And Congress passed its own spending bill on Friday, including a two-year budget deal, which the president signed into law.

According to the summary, Trump will urge an increase in defense spending to $716 billion and a 2.6 percent pay raise for troops. He will request $18 billion to build a wall on the Mexican border, the summary indicates.

The White House also seeks $200 billion for the infrastructure proposal the administration plans to unveil alongside the fiscal year 2019 budget, as well as new regulatory cuts.

“This will be a big week for Infrastructure,” Trump said in a Twitter message Monday. “After so stupidly spending $7 trillion in the Middle East, it is now time to start investing in OUR Country!”

Monday’s document will outline proposed spending reforms the administration says would, if enacted, cut deficits over the next decade -- even as recently passed tax legislation and spending caps threaten to drive future annual deficits above $1 trillion.

Trump May Struggle on $1 Trillion Pledge to Fix Crumbling U.S.

“Just like every American family, the budget makes hard choices: fund what we must, cut where we can, and reduce what we borrow,” Office of Management and Budget Director Mick Mulvaney said in a statement. “It’s with respect for the hard work of the American people that we spend their tax dollars efficiently, effectively, and with accountability.”

A year ago, Trump asked lawmakers to cut $3.6 trillion in federal spending over the next ten years, and identified deep cuts to domestic spending programs. Instead, lawmakers last week passed a two-year government funding deal that would boost military and non-defense spending by $300 billion over the next two years and add more than $80 billion in disaster relief.

But administration officials argue their proposals, dead on arrival though they may be, is still an important marker of the president’s legislative priorities.

Immigration Enforcement
The plan includes a heavy emphasis on immigration enforcement. Trump is requesting $782 million to hire 2,750 new border and immigration officers, and $2.7 billion to detain people in the country illegally. Trump is also asking for $18 billion over the next two fiscal years toward the goal of constructing a wall on the U.S. border with Mexico. That’s a key point of contention in the ongoing legislative battle over the fate of young people, known as “Dreamers,” who were brought to the country illegally as children.

The proposal also includes $13 billion in new funding to combat the opioid epidemic, which Trump has frequently cited as among his top domestic priorities. The administration would provide a $3 billion boost to the Department of Health and Human Services in the next fiscal year, and $10 billion in 2019.

The proposal takes “money that the Democrats want to put to these social programs and move it to things like infrastructure, move it to things like opioid relief, move it to things that are in line with the president’s priorities so that if it does get spent, at least it get spent to the right places,” Mulvaney said Sunday during an appearance on Fox News.

Boost for Veterans
Other elements include $85.5 billion in discretionary funding for veterans health services, education, and vocational rehabilitation, the OMB said on Sunday. It is not clear how much of that funding would represent an increase from current spending levels.

The budget also includes $200 billion in federal funds over the next decade that the White House says would spur $1.5 trillion in infrastructure spending through partnerships with state and local governments and private developers. That includes $21 billion over the next two years that the White House says would “jump start key elements of the infrastructure initiative.”

Trump will discuss the public works proposal on Monday with governors, mayors, state legislators and other officials, and he expects to meet with Congressional leaders from both parties at the White House on Feb. 14. The president plans to visit Orlando, Florida, on Feb. 16 for an infrastructure event, and he and cabinet members will also promote the plan at events around the U.S., officials said.

The White House said its initial approach is to offset the $200 billion in the budget for its infrastructure plan with spending cuts elsewhere, including from some transit and transportation programs the administration doesn’t think have been spent effectively. But Trump is open to new sources of funding, a senior White House official told reporters.

‘Robust’ Defense
The White House also didn’t detail how much money it wanted to devote to new spending on the military, but OMB said the proposal would provide “for a robust and rebuilt national defense.” In last year’s budget proposal, Trump called for a $52.3 billion boost for the Defense Department, while asking for deep cuts to the Environmental Protection Agency, State Department, and Department of Health and Human Services.

Mulvaney said this year’s documents -- theoretical though they may be -- would see those agencies targeted again for budget cuts.

“There’s still going to be the president’s priorities as we seek to spend the money consistently with our priorities, not with the priorities that were reflected most by the Democrats in Congress,” he told Fox News.

Trump on Friday complained on Twitter that in order to boost military spending, “we were forced to increase spending on things we do not like or want.”

The budget proposal assumes that the U.S. economy will ramp up over the next decade to his goal of 3 percent growth, according to an administration official on Friday who confirmed figures to be contained in Monday’s budget proposal. Economic growth is projected at 3.2 percent in 2019 and 2020.

— With assistance by Mark Niquette
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Old 02-12-2018, 03:32 PM   #31
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Originally Posted by oaklandhater View Post
This budget is a straight up attack on Poor american families.
And illegal immigration isn't?
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Old 02-12-2018, 03:39 PM   #32
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And illegal immigration isn't?
I don't stand with the dems on illegal immigration.

But I'm not gonna let the GOP rape me in the ass just to **** over the illegals.
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Old 02-12-2018, 04:01 PM   #33
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Shouldn't SS be separate from entitlements in that graph? I though we paid into SS separately from regular taxes.
That's the part people like Pat conveniently leave out of the discussion. Social Security ran hundred billion dollar surpluses for decades, and the people were foolish enough to believe that the money was going into this thing called the Social Security Trust Fund. The problem is that the government embezzled the entire surplus, they put worthless IOUs in the trust fund, and they used the embezzled funds to mask the true size of the deficit every year for the last 40 years or so.

That's about $3 Trillion that was embezzled over the years. Now, when the GOP wants to cut taxes by a trillion dollars, and we are looking at trillion dollar deficits every year, they say entitlements are the problem.

I agree that the current gang in Washington didn't cause this problem. But they sure as hell aren't helping it when they vote to cut taxes by $1 Trillion in a time when the economy was doing just fine and the reckless and irresponsible tax cuts were completely unnecessary.

The GOP mantra is clearly "I got mine, Jack!".
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Old 02-12-2018, 04:04 PM   #34
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Originally Posted by Lex Luthor View Post
That's the part people like Pat conveniently leave out of the discussion. Social Security ran hundred billion dollar surpluses for decades, and the people were foolish enough to believe that the money was going into this thing called the Social Security Trust Fund. The problem is that the government embezzled the entire surplus, they put worthless IOUs in the trust fund, and they used the embezzled funds to mask the true size of the deficit every year for the last 40 years or so.

That's about $3 Trillion that was embezzled over the years. Now, when the GOP wants to cut taxes by a trillion dollars, and we are looking at trillion dollar deficits every year, they say entitlements are the problem.

I agree that the current gang in Washington didn't cause this problem. But they sure as hell aren't helping it when they vote to cut taxes by $1 Trillion in a time when the economy was doing just fine and the reckless and irresponsible tax cuts were completely unnecessary.

The GOP mantra is clearly "I got mine, Jack!".




Like I've been saying for weeks the GOP hasn't changed in years it's always

**** you I got mine.
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Old 02-12-2018, 04:13 PM   #35
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I don't stand with the dems on illegal immigration.

But I'm not gonna let the GOP rape me in the ass just to **** over the illegals.
What are you gonna do about it.
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Old 02-12-2018, 04:40 PM   #36
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What are you gonna do about it.
Vote ?

Also laugh at Rural America Falling apart as they rightfully deserve.
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Old 02-12-2018, 04:53 PM   #37
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Originally Posted by Lex Luthor View Post
That's the part people like Pat conveniently leave out of the discussion. Social Security ran hundred billion dollar surpluses for decades, and the people were foolish enough to believe that the money was going into this thing called the Social Security Trust Fund. The problem is that the government embezzled the entire surplus, they put worthless IOUs in the trust fund, and they used the embezzled funds to mask the true size of the deficit every year for the last 40 years or so.

That's about $3 Trillion that was embezzled over the years. Now, when the GOP wants to cut taxes by a trillion dollars, and we are looking at trillion dollar deficits every year, they say entitlements are the problem.

I agree that the current gang in Washington didn't cause this problem. But they sure as hell aren't helping it when they vote to cut taxes by $1 Trillion in a time when the economy was doing just fine and the reckless and irresponsible tax cuts were completely unnecessary.

The GOP mantra is clearly "I got mine, Jack!".

The economy was doing just fine.

I suppose you have a full time job?

Perhaps your economy was just fine but the guy who got hosed by Obama and lost his job and now is flippin burgers or sacking groceries at a hourly wage, no benefits and a 29 hour work week may sort of like this new improved economy.

What a pompous bullshit thing for you to say. But then, you got yours. Jack.
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Old 02-12-2018, 05:27 PM   #38
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Originally Posted by Lex Luthor View Post
That's the part people like Pat conveniently leave out of the discussion. Social Security ran hundred billion dollar surpluses for decades, and the people were foolish enough to believe that the money was going into this thing called the Social Security Trust Fund. The problem is that the government embezzled the entire surplus, they put worthless IOUs in the trust fund, and they used the embezzled funds to mask the true size of the deficit every year for the last 40 years or so.

That's about $3 Trillion that was embezzled over the years. Now, when the GOP wants to cut taxes by a trillion dollars, and we are looking at trillion dollar deficits every year, they say entitlements are the problem.

I agree that the current gang in Washington didn't cause this problem. But they sure as hell aren't helping it when they vote to cut taxes by $1 Trillion in a time when the economy was doing just fine and the reckless and irresponsible tax cuts were completely unnecessary.

The GOP mantra is clearly "I got mine, Jack!".
Regardless of how we got here, we got here. Our debt problem is an entitlement spending problem. If we had a trust fund that fully funded future obligations the whole fiscal world would be different, but we don't.
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Old 02-12-2018, 05:30 PM   #39
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The Medicare cut wouldn’t affect the program’s coverage or benefits, according to the document. The budget will also call for annual 2 percent cuts to non-defense domestic spending beginning “after 2019.’

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Whats the issue again?
I tell you what. Let's cut 1.7 trillion from the defense.

This cut to Defense will not affect the military readiness. In fact, there will be no negative effects whatsoever. You can quote me on that.
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Old 02-12-2018, 05:39 PM   #40
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Well here is the message Dems can run on Save Medicare.

Think that's the Strongest message there is.
Naw man, stick with #Russia!Gate
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Old 02-12-2018, 05:45 PM   #41
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I guess he gave up on His promise that my Motherland was going to pay for the wall! lol
He can still take it out of your motherlands allowance if they don't start doing their part to help prevent (let alone encourage) the invasion of the USA by illegal aliens from Mexico and South America. There's more than one way to skin a cat:
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If the Chiefs manage to grab Mahomes I officially claim him as my "adopt a Chief".
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Old 02-12-2018, 05:50 PM
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Old 02-12-2018, 07:36 PM   #42
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Trump's budget would end student loan forgiveness program
The proposal sharply curtails income-based loan repayment plans.
It would also scratch the Public Service Loan Forgiveness Program and embolden the government to go after students who don't pay their loans.


https://www.cnbc.com/2018/02/12/trum...s-program.html

AHAHHAHAHAH please keep telling me how millennials will change their mind on the GOP.

Republicans are pretty much in open war with millennials now.
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Old 02-12-2018, 07:38 PM   #43
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The Medicare cut wouldn’t affect the program’s coverage or benefits, according to the document. The budget will also call for annual 2 percent cuts to non-defense domestic spending beginning “after 2019.’



I tell you what. Let's cut 1.7 trillion from the defense.

This cut to Defense will not affect the military readiness. In fact, there will be no negative effects whatsoever. You can quote me on that.
How about you provide proof there will be changes in coverage or care?
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Old 02-12-2018, 07:38 PM   #44
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Old 02-12-2018, 07:44 PM   #45
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https://www.washingtonpost.com/news/...=.9307e3e6b22c

President Trump proposed a budget Monday that hits the poorest Americans the hardest, slashing billions of dollars in food stamps, health insurance and federal housing subsidies while pushing legislation to institute broad work requirements for families receiving housing vouchers, expanding on moves by some states to require recipients of Medicaid and food stamps to work.

The Trump budget proposal would gut the Supplemental Nutrition Assistance Program, better known as food stamps, by $17.2 billion in 2019 — equivalent to 22 percent of the program’s total cost last year. It calls for cuts of more than $213.5 billion over the next decade, a reduction of nearly 30 percent, according to the Center on Budget and Policy Priorities.

In addition, Trump is proposing a full-scale redesign of SNAP, which provides an average of $125 per month to 42.2 million Americans. For the last 40 years, the program has allowed beneficiaries to use SNAP benefits at grocery stores as if they were cash. Under the budget proposal, the Department of Agriculture would use a portion of those benefits to buy and deliver a package of U.S.-grown commodities to SNAP households that receive $90 or more in assistance each month, using the government’s buying power to obtain common foods at lower costs.

“This budget proposes taking away food assistance from millions of low-income Americans — and on the heels of a tax cut that favored the wealthy and corporations,” said Stacy Dean, president for food assistance policy at the Center on Budget and Policy Priorities. “It doesn’t reflect the right values.”

I hope sticking it to minorities and gay and trans was worth it Poor white America.

You own it now.
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Tarrant County, Texas and Johnson County, Texas.
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