PENNSYLVANIA – Today, Donald Trump released his FY21 budget which would extend massive tax cuts for the wealthiest Americans and large corporations while slashing vital earned benefits like Medicare and Medicaid that help our children, families, and seniors.
“Trump’s budget makes clear that he’s beholden to wealthy special interests who care more about the needs of massive corporations than those of working Pennsylvanians,” said Pennsylvania Democratic Party Executive Director Sinceré Harris. “He continues to push tax breaks for the wealthy and well-connected, while going after vital earned benefits like Medicaid. Instead of using his budget to appease his donors, the President should have put everyday families first. Pennsylvanians are tired of Trump’s broken promises and will reject his misguided agenda come November.”
BACKGROUND:
Trump’s Budget Threatens Health Care & Vital Earned Benefits:
Washington Post: “The budget would cut Medicaid and the Children’s Health Insurance Program and also wring savings from Medicare despite Trump’s repeated promises to safeguard Medicare and Social Security.”
Wall Street Journal: “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.”
Politico: “For example, the administration is seeking an 8 percent cut to USDA’s budget over current funding levels. Trump’s plan would cut the Commerce Department by 37 percent, the Education Department by 8 percent, the Energy Department by 8 percent, the Department of Housing and Urban Development by 15 percent, and the Department of Health and Human Services by 9 percent.”
Washington Post: “It would target the Education Department is for a nearly 8 percent cut, the Interior Department would be cut 13.4 percent, and the Housing and Urban Development department would be cut 15.2 percent. The State Department and U.S. Agency for International Development would be cut by 22 percent.”
New York Times: “The president’s plan includes what officials described as $4.4 trillion in spending cuts over the next decade, with about $2 trillion coming from changes to safety net programs and student loan initiatives. Those reductions encompass new work requirements for Medicaid, federal housing assistance and food stamp recipients, which are estimated to cut nearly $300 billion in spending from the programs.”
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