Trump’s Budget Will Slash $1.7 Trillion In Entitlements, Cut Food Stamps By 25%

[IResist]

The proposed slashing of Medicaid is a disaster and hopefully Congress will not approve this budget. This is something people need.

 

[usmbguest5318]

From the Zero Hedge article referenced in the OP:

Trump has promised to balance the federal government’s budget in 10 years, though, as Democrats have noted, the projection is dependent on economic growth accelerating to 3% following the passage of massive tax cuts, and no recession over the next decade, a rather bold assumption. Meanwhile, growth collapsed to an annualized rate of just 0.7% in the fist quarter, the slowest rate in three years, while loan demand has plunged to the lowest level in 6 years. Meanwhile, the Committee for a Responsible Federal Budget claims that rather than reining it in our national debt, Trump's tax cuts would make the debt much worse.​

Low and middle income people had better get used to some serious austerity in their lives if Trump gets his way.

 

[ColonelAngus]

So if more "White People" are on good stamps, cutting the program isn't racist at all. It's economic.

Thanks for clearing that up.

 

[NYcarbineer]

Convince me that the rich are currently struggling with the tax burden currently in place and you will convince me they need a tax cut at the expense of the poor.

 

[Meathead]

Convince me that the rich are currently struggling with the tax burden currently in place and you will convince me they need a tax cut at the expense of the poor.

Convince me how something can be at someone's expense if they're not paying for it.

Use the English language and its common definitions if you can.

 

[Syriusly]

Trillion here, trillion there. Either we apply the brakes to the Gravy Train, or it derails.


Trump's Budget Will Slash $1.7 Trillion In Entitlements, Cut Food Stamps By 25% | Zero Hedge

Related:
Financial disaster looms for America: $106 trillion in unfunded obligations mounting up over 30 years.

Financial disaster looms for America: $106 trillion in unfunded obligations mounting up over 30 years

lol- more leaks from the Trump administration.

 

[NYcarbineer]

Convince me that the rich are currently struggling with the tax burden currently in place and you will convince me they need a tax cut at the expense of the poor.

Convince me how something can be at someone's expense if they're not paying for it.

Use the English language and its common definitions if you can.

If a poor person is receiving Medicaid and then it's taken away from him, that's a major expense to that person.

 

[NYcarbineer]

Why would Trump have to make such draconian cuts outright?

Isn't his miracle plan for historic unprecedented fabulous job creation going to automatically cut those programs by putting zillions of Americans to work in unbelievably good paying jobs

and eliminate entirely their need for any government assistance?

 

[usmbguest5318]

Why would Trump have to make such draconian cuts outright?

Isn't his miracle plan for historic unprecedented fabulous job creation going to automatically cut those programs by putting zillions of Americans to work in unbelievably good paying jobs

and eliminate entirely their need for any government assistance?

Because tax cuts, on the scale Trump envisions, for the wealthiest Americans are so generous that even whatever bumps the economy might realize as a result of Trump's overall plan are apparently insufficient to "pay" for them. Seeing as the wealthiest Americans will pay less in federal income taxes, spending must be cut, and the only people on whom the government actually and directly spends money are low and middle income people. Millionaires don't get housing subsidies, welfare and food stamps, they get tax breaks.

 

[Meathead]

Convince me that the rich are currently struggling with the tax burden currently in place and you will convince me they need a tax cut at the expense of the poor.

Convince me how something can be at someone's expense if they're not paying for it.

Use the English language and its common definitions if you can.

If a poor person is receiving Medicaid and then it's taken away from him, that's a major expense to that person.

It is not an expense to the "poor" because it is not their expenditure. The expenditure is the taxpayers'. There is simply no logical way of supporting your claim.

 

[NYcarbineer]

Convince me that the rich are currently struggling with the tax burden currently in place and you will convince me they need a tax cut at the expense of the poor.

Convince me how something can be at someone's expense if they're not paying for it.

Use the English language and its common definitions if you can.

If a poor person is receiving Medicaid and then it's taken away from him, that's a major expense to that person.

It is not an expense to the "poor" because it is not their expenditure. The expenditure is the taxpayers'. There is simply no logical way of supporting your claim.

It's an expense to them if they go from having Medicaid pay to having to pay out of their own pocket.

 

[Meathead]

It's an expense to them if they go from having Medicaid pay to having to pay out of their own pocket.

Ah, so you mean free stuff is free. I guess it's a tautology.

If that is so, we can all stop working and just start mooching off each other ******* brilliant!

 

[MACAULAY]

24 million on Food Stamps now.

16 milllion on Food Stamps when Obama took over.

25% cut to Food Stamps only gets it back to 18 million.

Time to get the able bodied Porch Sitters on the Federal Plantation off their ass and back to work.

The Obama Stash done run dry.