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Donald Trump's budget, spending cuts are 'moral,' Mulvaney says
June 26 2017, 12:17 | Clarence Walton
Mick Mulvaney, who's chiefly responsible for the Trump administration's budget, is now pretending that the double-counting gimmick doesn't exist.
In a Washington Post op-ed, Summers, who served as Treasury Secretary under President Clinton and director of the National Economic Council under President Obama, said the White House's budget proposal is filled with "ludicrously optimistic economic assumptions".
Office of Management and Budget Director Mick Mulvaney discusses the Trump administration's proposed federal budget for fiscal 2018 at a news conference Tuesday.
Democrats criticized a proposal for an nearly 30 percent cut in food stamps.
Will Fischer, director of government relations for VoteVets, offered support for the letter, which Senate Democrats reported sending to Trump just ahead of Memorial Day weekend.
Mulvaney stayed calm throughout most of the three-hour grilling, even when Democrats accused him of being coldhearted.
Under the proposed budget, Medicaid loses $610 billion over the next decade, which the administration suggests is on top of the $839 billion expected to be cut from Medicaid by the American Health Care Act.
"This is the President of the United States turning his back on our nation's poor and daring them to survive on their own". The problem: The budget forecasts about $2 trillion in extra federal revenue growth to pay for that tax cut, but that same money is used to reduce the budget deficit.
Senate leaders are positioning themselves for a Congressional Budget Office report that will assess the impact the House-approved health care bill would have on insurance coverage and consumers' costs.
-The Poor, Part II: Trump's budget would cut the food stamp program by $191 billion over the next decade.
"We need to take a look at our nutrition assistance programs to ensure that they are helping the most vulnerable in our society", Conaway and Roberts said in a joint statement on the budget.
The Trump budget guts social programs while sharply reducing taxes for the wealthy including major cuts to estate, capital gains and business tax rates. Republicans care about the elderly.
"We are talking about half the births in the United States, 30 million children, and half of all nursing home and long-term care nationwide for senior citizens and people with disabilities", said Rep. Jan Schakowsky, D-Ill., citing Medicaid's extensive reach.
One of Trump's proposals would limit government waivers that have allowed able-bodied adults who don't have dependents to receive food stamps indefinitely without finding work. Both sides are preoccupied with coming together on tax reform legislation, which the White House still believes can be completed by the end of the year, and a continuing budget resolution to set discretionary spending caps and fund the government. He promised not to cut Medicare, and initially, Medicaid as well.
-Young Workers: By not addressing Social Security or Medicare benefits for retirees, Trump's budget increases the likelihood that young workers will eventually face either significant benefit cuts or big tax increases. The sad reality is that this budget would accomplish no such thing, for several reasons. In an April Pew Research Center survey, majorities in both political parties said they favored maintaining or increasing spending in almost all of the 14 specific budget areas that respondents were asked about.