Trump Has a Really Big Budget Proposal

Postado Fevereiro 15, 2018

That it will likely be ignored. Susan Collins of ME, did so right after the Congressional Budget Office said the number of people with health insurance that covers "high-cost medical events would be reduced by millions " if the bill became law. The president's focus in his plan on rural infrastructure and cutting red tape will support our ongoing work at the state level.

The White House is calling for a $1.7 trillion in cuts to discretionary spending, including a $237 billion cut to Medicare. And while Republicans will hide behind the same old talking points of fiscal responsibility and hard choices, it is clear that President Trump and Republicans are engaging in a coordinated effort to further enrich the wealthy at the expense of the middle class. Oh, and after promising senior citizens he wouldn't cut Medicare during his campaign, his budget proposals mask some $550 billion in Medicare cuts.

The PABs provision is aimed at increasing the leveraging of federal funds to allow for more efficient infrastructure improvements, according to the president's legislative outline for rebuilding infrastructure. "This is a messaging document", he said, adding that the first message is: "You don't have to spend it all". He added later: "But when you say 'reciprocal tax, ' nobody can get angry", adding "You say, 'OK, whatever you charge, we're charging"'. It dangles all the tasty items conservatives like without the austerity they've claimed as one of their guiding principles.

At a U.S. Senate panel hearing where he defended the administration's new $4.4-trillion, fiscal 2019 spending plan, Mick Mulvaney was asked if he would vote for it, if he were still a lawmaker, which he was before Trump hired him. The $4 trillion-plus 2019 budget was originally created to double down on last year's proposals to slash foreign aid, the Environmental Protection Agency, home heating assistance and other nondefence programmes funded by Congress each year. It presumes that a $200 billion federal outlay would lure $1.3 trillion in outside spending, while offering no plausible evidence. It also aims to simplify regulation. With deficits rising and elections looming, the odds of success are long.

"The Trump budget not only abandons America's global leadership overseas in combating one of the most urgent challenges facing humanity, but abandons our children at home to the mounting dangers of a changing climate", the Natural Resources Defense Council wrote in a statement.

The overarching desire to improve broadband internet in rural communities appears bipartisan, albeit with varying opinions on how to achieve it and a lack of specifics in Monday's infrastructure plan. "But I would expect this one to be completely irrelevant and totally ignored", said Jason Furman, a top economic adviser to President Barack Obama. It would also charge trillions of dollars in new debt to the account of future Americans.

The deficits are larger, in part, because of the $1.5 trillion tax cut package that Trump signed into law in December.