Perversely, this budget also includes lots of cuts to job-training and other programs that help people acquire human capital and improve their employment prospects - again, in the name of encouraging people to become self-sufficient and find jobs on their own.
"They are very optimistic", she said.
Despite promises to protect Medicaid and other services, the proposed budget slashes $800 billion from Medicaid, $192 billion from nutritional assistance, $272 billion over all from welfare programs, and bars undocumented immigrants from collecting the child and dependent care tax credit all to make room for the president's devastatingly unnecessary border wall.
The Trump administration will use a portion of funds set aside for the disadvantaged kids to help pay for the choice of school. They want to know whether it would meet a pledge he made shortly after the election that there would be "no absolute tax cut" for the rich.
"When you say cut are you speaking Washington or regular language?"
The budget relies on faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade. And it's where those cuts are coming from that has some lawmakers anxious.
Mulvaney reminded the committee members that the current debt per individual living in the United States is $60,000. It had been expected that Congress wouldn't have to act on the politically painful measure until sometime this fall, but tax revenues are coming in lower than previously estimated. "It's how many people we put back to work".
SEE MORE: Another Government Shutdown? The Congressional Budget office assumes a much more modest average growth figure of 1.9%.
Mnuchin was appearing Wednesday before a House panel one day after the White House released Trump's $4.1 trillion budget recommendation. He says the best way to achieve that is through tax reform and regulatory relief. "I will fight tooth and nail in opposition to these risky and devastating cuts to programs Hawaii families depend on every day".Читайте также: Poor and disabled big losers in Trump budget; military wins
"Growth cures so many ills", Mulvaney told Smucker.
Trump's proposal foresees selling half of the USA emergency oil stockpile, created in 1975 after the Arab oil embargo caused fears of price spikes.
Critics wasted no time offering opinions on what the budget is structured to do and the pain it will inflict, even to Trump supporters.
"In the America of President Trump's budget, children, working families, seniors and people with disabilities will be "fined, ' while the wealthiest Americans will get a 'bonus.' What's so 'great" about that America?" asked Sen. Are we ready for a balanced budget and a smaller government? In regards to Meals on Wheels, Mulvaney argued that only 3 percent of the program's funding comes from the Community Development Block Grants (CDBGs) the Trump budget proposes to eliminate.
The budget also slashes funding for other low-income assistance programs, the State Department, worldwide aid and the Department of Education.
"There's not some magic way to get an entire half a trillion dollars a year", Goldwein said. Clark replied, "I am shocked". "In response to these reductions, states will likely need to make programme cutbacks, including reductions in eligibility and benefits", they report.
Trump's balanced-budget goal depends not only on the growth projections that most economists view as overly optimistic but also a variety of accounting gimmicks, including an nearly $600 billion peace dividend from winding down overseas military operations and "double counting" $2.1 trillion in revenues from economic growth - using them to both pay for tax cuts and bring down the deficit. But this year, I think the GOP's response, or lack thereof, to Trump's budget is illustrative of a problem no one is quite comfortable discussing - Republicans have not come to terms with what a Republican budget should look like.
President Donald Trump did what he said he was going to do, and that was an overhaul of the USA budget.
Democrats also took aim at proposed cuts to social programs.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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