Trump's budget would make cuts to food stamps and Medicaid

23 Mai, 2017, 08:32 | Author: Marc Bacque

The Trump administration says it can balance the federal budget within a decade.

- Medicaid would be reduced by more than $600 billion over 10 years by capping payments to states and giving governors more flexibility to manage their rosters of Medicaid recipients. Trump's plan, drawn up by White House budget director Mick Mulvaney, lands as Trump's GOP allies in Congress are grappling with repealing and replacing former President Barack Obama's health care law and looking ahead to a hard rewrite of the loophole-clogged USA tax code.

Details on Trump's budget will not be publicly released until Tuesday, but Mulvaney has briefed Republicans about what's coming and his staff has provided targeted leaks to the media.

Mulvaney did, however, say, "We are not going to measure success by how much money we spend" but rather by how many people are helped.

A Washington Post report said the budget plan assumes the same amount of cuts proposed in the American Health Care Act, the House GOP plan that would roll back parts of former President Barack Obama's health care law.

An earlier blueprint from Trump proposed a $54 billion, 10 percent increase for the military above an existing cap on Pentagon spending, financed by an equal cut to nondefense programs. But speaking to reporters, Mulvaney said extra care was taken to look at "the impact of government spending on people who pay the taxes in the first place", rather than focusing more on people potentially aided by government programs. Trump's education secretary, school choice advocate Betsy DeVos of west MI, will be expected to pitch those proposals to Congress and overcome entrenched Democratic opposition.

The Washington Post reported that the move could see as many as 10 million people lose their benefits in the next decade.

Oil spikes as U.S. inventories tumble by more than expected
Brent crude futures were at $49.82 per barrel at 0323 GMT on Monday, up 72 cents, or 1.47 percent, from their last close. West Texas Intermediate (WTI) crude CLc1 was up 23 cents, or 0.5 percent, at $46.11 a barrel.

Man slays neo-Nazi roommates over disrespecting his conversion to Islam
When asked by officers if anyone was hurt, Arthurs replied: "The people in the apartment, but they're aren't hurt, they're dead". He admitted making the explosives but said they were rocket fuel for a 2013 University of South Florida science club project.

Bradley's 3-pointer gives Celtics 111-108 win over Cavs
He took just three shots and didn't attempt a free throw in the fourth quarter. "They ( Boston ) played hard, they scrapped". After Boston bounced back in Game 3, LeBron is bound for some revenge in Game 4.

Rep. Hal Rogers of Kentucky predicted that Trump's foreign aid cuts "will not stand" and called other cuts "draconian, careless and counterproductive".

"This budget continues to reveal President Trump's true colors: His populist campaign rhetoric was just a Trojan horse to execute long-held, hard-right policies that benefit the ultra-wealthy at the expense of the middle class", Senate Minority Leader Chuck Schumer said in a statement Sunday. Farm state lawmakers are already pushing back on proposals to curb agriculture assistance, for instance, and key Republicans are not interested in adding another round of cuts to Medicaid on top of those contained in the ongoing "Obamacare" repeal and replace effort.

The cuts are part of a budget blueprint for the upcoming fiscal year that begins October 1. This represents 25% decrease that would push millions of low income households out of the program.

He is also calling for $2.6 billion to be spent on border security.

Is it realistic to expect Trump to balance the budget? . It would reduce spending on programs like food stamps (or SNAP), Social Security disability insurance benefits, additional income for poor seniors, disabled adults and children (SSI), and public assistance for needy families (TANF).

States also would be required to match 20 percent of federal funding for the program under Trump's 2018 federal budget.

The budget does not call for big changes to the Social Security retirement program or Medicare, which Trump promised during the campaign to preserve.


  • Gore says Trump can't stop climate movement

    Gore says Trump can't stop climate movement

    He claimed that some US states have already surpassed the climate efforts of former President Barack Obama . Vice President Al Gore said Monday.

    Real Madrid are Champions of Spain

    Ronaldo continued his remarkable run of form, scoring his 25th league goal of the season in the second minute. The Spanish League is the most attractive for me and winning it with this match is incredible.

    WTA CEO releases statement responding to French Open wild-card announcements

    Taking to Twitter today , she said: "If this is what it takes to rise up again, then I am in it all the way, everyday". Maria made a great comeback as she made it to the semi-finals in Stuttgart in her first tournament.
  • Paul Millsap To Test Free Agency, Opt Out Of Hawks Contract

    Paul Millsap To Test Free Agency, Opt Out Of Hawks Contract

    Millsap finished the 2016-2017 season averaging 18.1 points, 7.7 rebounds, 3.7 assists and 1.3 steals over 34.0 minutes per game. While Millsap has expressed a desire to stay in Atlanta, there has been speculation that he may be open to changing teams .

    NVIDIA Corporation (NASDAQ:NVDA) Valuation According To Analysts

    This change led market cap to move at $79.12B, putting the price -1.05% below the 52-week high and 217.60% above the 52-week low. In related news, insider Jen Hsun Huang sold 41,670 shares of the firm's stock in a transaction dated Thursday, March 9th.
    PSNI officers injured after vehicle  rammed multiple times in Newry

    PSNI officers injured after vehicle rammed multiple times in Newry

    The men involved made off after ramming a police vehicle multiple times and two police officers suffered minor injuries. A PSNI Newry and Mourne spokesperson said: "They were last seen in the area of the Dallan Road / Clonallan Road".
  • TerraVia Holdings, Inc. (TVIA) Downgraded to Sell at Zacks Investment Research

    It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. The company has mean EPS estimate of -0.18 reported by 1 number of analyst for the quarter ending Aug 7, 2017- Aug 11, 2017.

    US doctor killed on Everest was climbing tallest peaks

    Kumar, 27, became ill after reaching the summit on Saturday and apparently fell 650 feet, according to The Associated Press . Last year Everest claimed the lives of five climbers, while a total of 640 people summited from both sides of the mountain.
    Pundit feels Alderweireld could abandon Tottenham Hotspur

    Pundit feels Alderweireld could abandon Tottenham Hotspur

    It has been two seasons in a row now that Pochettino's men have stumbled in the closing stages of the title race. Garth Crooks has told BBC Sport that Tottenham Hotspur are in real danger of losing Toby Alderweireld.
  • Drake breaks record at Billboard Music Awards

    Drake breaks record at Billboard Music Awards

    Even Drake took notice in his acceptance speech, adding that Hudgens looked "amazing", which drew envious looks from Nicki Minaj. But the singer, who is engaged to Liam Hemsworth, couldn't hide her emotion by the end when she started crying.
    Former Bush official: Trump speech pushes back on bigoted narrative

    Former Bush official: Trump speech pushes back on bigoted narrative

    Trump said in March that peace between the two states is only possible with "two willing parties". We are not here to tell other people how to live, what to do, who to be, or how to worship.

    Israel not mentioned in meeting with Russia

    TMZ surmises that maybe Melania refused to hold her husband's hand because it was a "turbulent flight from Saudi Arabia". The area has been the scene of multiple stabbing attacks by Palestinians targetting Jews over the past couple of years.


Macron moves to bridge right-left divide in new Cabinet
Macron wants European militaries to join efforts and for eurozone countries to share a budget and tax rules. Le Drian says he expects France to play a crucial role in a "complex, fragile, unstable global situation".

'He's human': Cavs coach defends LeBron after 'weird' loss
James didn't score in the fourth quarter and went only 1 for 8 from the field with one rebound and one assist in the second half. And don't forget his classic Game 4 no-show against Dallas in the 2011 Finals, when he totaled just eight points.

Star Wars Battlefront II Shows The Story Of An Imperial Soldier
Previous reports claimed that EA will release " Star Wars: Battlefront 2 " on PlayStation 4, Xbox One, and PC on Friday, Nov. 17. Thompson discusses how closely EA and LucasFilm are working to ensure that the game stays true to the Star Wars universe.

Dynegy Inc. (NYSE:DYN) Valuation According To Analysts
The utilities provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.42. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock.

Passation de pouvoir entre François Hollande et Emmanuel Macron — Élysée
Le couple atypique qui a focalisé l'attention du monde entier du fait des 24 ans qui les séparent compte vivre à l'Elysée . Un tête-à-tête qui a duré environ une heure, avant que François Hollande ne quitte le palais présidentiel.

Prospera Financial Services Inc Buys 1426 Shares of The Coca-Cola Co (KO)
Consolidated (NASDAQ:COKE), whilst 0 of which rate the stock "Buy", 0 "Outperform", 0 "Underperform", 0 "Sell", while 1 "Hold". Year to date is -23.29%, -22.76% over the last quarter, -31.29% for the past six months and -44.00% over the last 12 months.

Leonard to miss Game 4 with Spurs on brink of elimination
So, Golden State will have to travel just four times in 69 days while Cleveland will have had to travel nine times in 63 days. The Warriors also yielded 15 offensive rebounds, which San Antonio turned into 18 more points.

Startling video shows sea lion snatching girl from pier
The sea lion disappears as a man plunges into the water and helps the girl out. "Her family were just in shock". Bob Baziuk, general manager of the Steveston Harbour Authority , said watching the video made his stomach turn.

Fate of BC political leaders in voters' hands
The province has Canada's lowest unemployment rate and has led the country in economic growth two years in a row. There is now a clear urban-rural divide across the province electoral slate, according to B.C. pollsters.

Korea declares latest ballistic missile launch a success
The Pukguksong-2 missile flew around 310 and reached an altitude of 350 miles before dropping into the Pacific Ocean. A submarine-launched ballistic missile is displayed during a military parade in central Pyongyang, April 15, 2017.