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White House budget to propose 'savage' cuts to Medicare, Medicaid and Social Security
while hiking Pentagon and wall fundsJust two days after vowing the White House “will not be touching your Social Security or Medicare” in its budget proposal for fiscal year 2021, President Donald Trump on Monday is expected to unveil a $4.8 trillion blueprint that includes hundreds of billions in combined cuts to those programs over the next decade, deep reductions in safety-net spending, and a major increase in Pentagon funding.
The president’s plan, according to the Wall Street Journal, calls for hiking America’s already outlandish military spending to $740.5 billion in FY2021 and pouring $2 billion more into the construction of a wall along the U.S.-Mexico border.
Meanwhile, Trump’s budget would enact punishing cuts to Medicaid, food stamps, and other crucial safety net programs.
“The White House proposes to cut spending by $4.4 trillion over a decade,” the Journal reported Sunday. “Of that, it targets $2 trillion in savings from mandatory spending programs, including $130 billion from changes to Medicare prescription-drug pricing, $292 billion from safety-net cuts—such as work requirements for Medicaid and food stamps—and $70 billion from tightening eligibility access to federal disability benefits.”
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https://www.alternet.org/2020/02/whit-house-budget-to-propose-savage-cuts-to-medicare-medicaid-and-social-security-while-hiking-pentagon-and-wall-funds/
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