What Trump's budget would cut and boost

Olive Rios
May 24, 2017

Trump's balanced-budget goal depends not only on the growth projections 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 revenue from economic growth - using it to both pay for tax cuts and bring down the deficit.

Details on Trump's budget will not be publicly released until Tuesday, but Mulvaney has briefed Republicans about what's coming and his staff has provided targeted leaks to the media. They are not bills that are sent to the President to be signed into law. "We need everybody pulling in the same direction". Chuck Schumer, D-New York, the minority leader.

"It appears to be the most egregious accounting error in a presidential budget in the almost 40 years I have been tracking them", Summers wrote in the Washington Post.

Congress' key constitutional role is its power of the purse.

He predicted Trump's budget could face the same fate in the House as President Barack Obama's budgets: zero votes.

A full budget submission by the administration to Congress is months overdue and follows the release two months ago of an outline for the discretionary portion of the budget, covering defense, education, foreign aid, housing and environmental programs, among others. "It seeks crippling cuts to federal programs that transform waste into wealth and help support 2.2 million energy efficiency jobs". "For one, it balances in 10 years", Cornyn said.

"If you implemented this budget you'd have to retreat from the world", he said. They're a blueprint of an administration's priorities, the first written draft of a president's spoken vision.

Trump would keep campaign pledges to leave core Medicare and Social Security benefits for the elderly alone but that translated into even deeper cuts in programs for the poor such as Medicaid and food stamps.

The budget lands as Trump's GOP allies in Congress are grappling with repealing and replacing Obama's health care law and looking ahead to a hard rewrite of the loophole-clogged tax code.

But not all House Republicans heeded that call. McConnell praised the budget for prioritizing defense, veterans' issues and economic growth, while telling reporters, "The president's budget as we all know is a recommendation". Lucy Melcher, associate director for advocacy with the anti-hunger group No Kid Hungry, argues that the proposed cuts are "devastating" to a program that research shows lifts people out of poverty.

Several GOP lawmakers also complained that the administration made little or no effort to consult with them before putting forward a roster of cuts that Congress would clearly find unacceptable. The program presently serves about 42 million people.

Federal aid to states would shrink by 3 percent, though the cuts would fall most heavily on states that backed Trump's Democratic rival Hillary Clinton in the 2016 election.

All told, according to people familiar with the plan, Trump's budget includes $1.7 trillion over 10 years in cuts from such so-called mandatory programs.

-The Poor, Part III: Trump's budget would cut funding for the Temporary Assistance for Needy Families (TANF) program by $22 billion over the next decade. "Come on. That doesn't add up". "The President and Congress are always willing to give the Pentagon more money", the WRL states in their most recent report.

"That's why I'm here", she said. "I'm sure all of us would be". Republicans did the same to Democrats throughout the Obama years, repeatedly forcing Democrats - especially moderates - to embrace parts of Obama's budget Republicans considered out of step with their voters.

In terms of philosophy, there appears to be a disconnect between this program and the budget's other massive changes.

Cuts to the national food stamp program: The Supplemental Nutritional Assistance Program, colloquially known as the food stamp program, aimed at assisting the hungry throughout the nation, would be cut by $200 billion.

Some Republicans will balk at the possibility of a new social program.

It's possible that the administration is looking for such strong economic growth to drive significantly extra revenue from payroll taxes, he said, or it could be that Trump officials were using different base lines from which they were drawing their results.

Other reports by Click Lancashire

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