Trump to propose $4.8 trillion budget with big safety-net cuts

The White House proposes to cut spending by $4.4 trillion over a decade. 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 disability benefits.

Advertisement

The budget would lower future spending from where it would be under current policy. A senior administration official said government spending will continue to rise, but not as much as it would under current policy.

In campaigning for the White House Mr. Trump had promised voters he would protect funding for Medicare and Medicaid. His new budget’s proposals to find savings through changes to those programs reflect longstanding GOP efforts to reduce federal safety-net spending, and come the week after all but one Republican senator voted to acquit the president of impeachment charges passed by House Democrats.

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement