Trump’s Proposed Budget Cuts Food Stamps by 25%; Federal Pensions by 25% (No Cuts For Congress)
The Latest: Trump budget would cut food stamps by 25 percent
President Donald Trump’s budget plan envisions cuts totaling $1.7 trillion over 10 years in so-called mandatory programs.
People familiar with the plan say that includes cuts to pensions for federal workers and higher contributions toward those pension benefits. Also targeted for cuts are refundable tax credits paid to the working poor.
Those familiar with the plan are not authorized to discuss it by name and request anonymity.
The budget expected to be rolled out Tuesday would drive millions of people off of food stamps. The food stamp cuts would total more than 25 percent over a decade.
Also facing cuts are benefit programs such as Medicaid, federal employee pensions, welfare benefits and farm subsidies.
President Donald Trump’s budget would drive millions of people off of food stamps, just one part of a new wave of spending cut proposals.
The Trump plan would slice a whopping $193 billion from food stamps over the coming decade, a cut of more than 25 percent. The White House says it would be implemented by cutting back eligibility and imposing additional work requirements. The program presently serves about 42 million people.
Trump’s blueprint for the 2018 budget year comes out Tuesday. It includes a wave of cuts to benefit programs such as Medicaid, federal employee pensions, welfare benefits, and farm subsidies.
The overall plan from the White House is already getting panned by congressional lawmakers in both parties.
President Donald Trump’s budget hasn’t been released yet, but that’s not stopping some of Capitol Hill’s most important Republicans from giving it a cold shoulder.
Trump’s blueprint for the 2018 budget year comes out Tuesday.
It’s certain to include a wave of cuts to benefit programs such as Medicaid, food stamps, federal employee pensions and farm subsidies.
The fleshed-out proposal follows up on an unpopular partial release in March that targeted the budgets of domestic agencies and foreign aid for cuts averaging 10 percent — and made lawmakers in both parties recoil.
The new cuts are unpopular as well.
Trump’s budget plan promises to balance the federal ledger by the end of a 10-year window, even while exempting Social Security and Medicare retirement benefits from cuts.