President Donald J. Trump
While President Donald Trump was traveling abroad his 2018 Federal budget was released. Straight from the White House website it is titled:
"President Trump's Taxpayer First Budget
President Trump's first proposed budget shows respect for the people who
pay the bills. The administration's proposal reverses the damaging
trends from previous administrations by putting our nation's budget back
into balance and reducing our debt through fiscally conservative
principles, all the while delivering on President Trump's campaign
promise not to cut Social Security retirement or Medicare. The budget's
combination of regulatory, tax, and welfare reforms will provide
opportunities for economic growth and creation." source : https://www.whitehouse.gov/taxpayers-first
The above is not a joke, it is directly from the White House website. A simple translation of that title and subtext is that rich people are paying the bills and deserve the spoils. Some budget bullet points:
- $3.6 trillion in cuts over 10 years
- Repeal and replace Obamacare - $250 Billion saving (Medicaid cut)
- Reform Medicaid by giving States the choice between a per capita cap and a block grant - save $610 billion over 10 years (Medicaid cut)
- The Budget proposes a series of reforms to SNAP (food stamps) that close eligibility loopholes, target benefits to the neediest households, and require able-bodied adults to work. Increase state benefit match to 23% by 2023.
- The Budget proposes a series of reforms to SNAP (food stamps) that close eligibility loopholes, target benefits to the neediest households, and require able-bodied adults to work. Increase state benefit match to 23% by 2023. (translation - Kick people off food stamps)
- Reform Disability Programs. The Budget proposes to reform disability insurance programs to promote greater LFP(Labor Force Participation). (translation - Kick people off Social Security Disability Insurance)
- Reform Federal Employees Retirement Benefits - increasing employee payments to the defined benefit Federal Employee Retirement System pension and reducing or eliminating cost-of-living adjustments for existing and future retirees
- Extend the Children’s Health Insurance Program (CHIP) - extended through 2019 with higher state matching in future.
- Reform Student Loan Programs - Budget eliminates the Public Service Loan Forgiveness program, establishes reforms to guarantee that all borrowers in IDR pay an equitable share of their income, and eliminates subsidized loans
Who wins in Trump's 2018 budget. Defense spending increase of $52 billion to $639 billion. Immigration and Border security get $71.8 billion. The wealthy get an elimination of the estate tax penalty and a reduction of the business tax rate.
Source: Trump Budget
Mick Mulvaney, White House Director of management and Budget wrote said in an article published in the Miami Herald, that many social program users were stealing from taxpayers footing the bills because they didn't intent to pay it back. Mulvaney's attitude is a throwback to the era of the welfare queen talk of years gone by, except the reality is that the person being hurt is an elderly White woman in rural America instead of the stereotypical Black woman of urban legends.
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