President Trump's Budget Proposal Has Massive Cuts to Social Pro - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

President Trump's Budget Proposal Has Massive Cuts to Social Programs

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President Trump's 2018 budget proposes balancing the budget by cutting $1.74 trillion from social safety net programs and Medicaid and overhauling the tax code and regulatory framework, and it sets an economic growth target of 3%. 

The plan, titled "The New Foundation for American Greatness," includes a total of $3.6 trillion in spending cuts to reach a balanced budget within 10 years, reducing the debt from its current 77% of gross domestic product (GDP) to 60% of GDP, and wiping out deficit spending entirely in a decade.

The President's first major budget proposal, which assumes the Medicaid savings in the Affordable Health Care Act (AHCA) will be passed, would make $800 billion in cuts to Medicaid over the next decade.

Programs like food stamps (SNAP), Children's Health Insurance Program (CHIP), Social Security Disability Insurance (SSDI), and Temporary Assistance for Needy families (TANF) will face sharp cuts.

The welfare portion of Trump's proposal would give states increased authority to impose work requirements and eligibility restrictions for welfare programs, and his budget would slash an estimated $274 billion from anti-poverty programs over ten years.

The domestic spending cuts would be redirected to a large increase in defense, border security, and immigration enforcement spending. Nearly $3 billion would be invested in border security in fiscal year 2018 -- $1.6 billion of which would be allocated to brick and mortar to build Trump's proposed southern border wall. The president is also requesting a $54 billion increase for the Department of Defense and other national defense programs.

In keeping with his campaign promise, Trump would leave core Social Security benefits and Medicare untouched. He would also invest $25 billion in a paid family leave program over the course of a 10-year budget.

"A truly groundbreaking thing for this president to do and to prove to folks that we can do things like that and we can still balance the budget if we prioritize our spending right," Office of Management and Budget Director Mick Mulvaney said in a briefing with reporters on Monday.

Trump, however, also promised not to cut Medicaid on the campaign trail. The Congressional Budget Office estimates that over 10 million people would be cut off of Medicaid as a result of the cuts made by the AHCA, the Republican health care bill rump championed.

"Reports about details of Trump budget lay to rest any belief that he's looking out for the people the economy has left behind," Bob Greenstein, the President of Center on Budget and Policy Priorities, a left-leaning research and policy institute, tweeted on Monday.

"With this budget, the President betrays his promises to many voters who placed his trust in them."

Maya MacGuineas, the President of the Committee for a Responsible Federal Budget (CRFB), credits the administration for setting an ambitious fiscal goal but believes the "reverse Robin-Hood  budget that the administration has put forth skirts deeper issues stemming from Social Security and Medicare," she told CBS News.

"Analytically, you do have to make hard choices," MacGuineas said. "I think this is a huge illustration about why being unwilling to talk about the real issues -- Social Security and Medicare and taxes -- means you then you end up gutting all these programs for low income people." The administration, MacGuineas points out, has put far too much pressure for the cuts on too small a sliver of the budget, that is, non-discretionary defense spending, rather than on entitlements, which make up the majority of the federal budget.

Experts are also skeptical of a core assumption being factored into "Trumpenomics," as described by Mulvaney on Monday: a forecast of three percent sustained economic growth.

"I think it's sad that the CBO assumes that we'll never grow more than 1.9% ever again out into infinity," he said. "That assumes a pessimism about America, about the economy, about it's people, about it's culture, that we are simply refusing to accept."

But the administration's budget fails to reckon with certain realities about the U.S. economy. A CRFB analysis shows there are several key factors beyond "pessimism" that make it exceedingly difficult for the U.S. to achieve three percent economic growth: an aging population and "a slowdown in the growth of labor, capital, and productivity."

It relies on a heroic economic estimate," MacGuineas said. "It doesn't even sound that crazy -- it's really crazy."

Mulvaney dismissed criticisms from lawmakers skeptical of the proposed budget as details leaked throughout the day while the president, on his first trip overseas, toured Israel.

"There's a certain message here and it's from the president of the U.S. to Congress that say, 'look here are my priorities in terms of what I want to spend more and here's the big ticket items,'" Mulvaney said. "If Congress has a different way to get to that endpoint, God bless them."

U.S. Senator Catherine Cortez Masto (D-Nev.) issued the following statement on the Trump Administration’s budget proposal released today:

“The Trump Administration’s budget is not only fiscally irresponsible, it is morally reprehensible – a reminder of Trump’s empty campaign promises and the callous, immoral policies from his administration. Under this budget, programs and initiatives that our most vulnerable children, families, and seniors rely on will face devastating cuts. Budgets are meant to be a representation of our values and priorities as a country and put forth a plan that will lift our families up to move this country forward. Instead, this Administration has proposed a deeply disturbing budget that exposes its complete and utter disrespect for the values that have fostered American opportunity and success. 

“These federal budget cuts will have a direct impact on Nevada. This proposal strips children of essential health care coverage while making it harder for people with disabilities and seniors to put roofs over their heads. More families and seniors could go hungry, and our public education system will be undermined by cutting vital K-12 resources. It cuts off the lifelines that help vulnerable families find housing, and stifles infrastructure development and improvements needed to keep up with the needs of Nevada’s booming population. This budget also puts our public health and safety at risk, cutting environmental protections, and slashes to clean energy programs and resources will cost jobs and economic growth.

“In all, Trump’s budget represents a complete abandonment of the values that make our country good and decent, targeting the very programs that hardworking Nevadans depend on.  Instead of creating new avenues of opportunity for Americans, President Trump’s proposed budget aims to crush them. I will fight with my Senate colleagues to kill this shameful proposal.”

U.S. Senator Dean Heller (R-NV) released this statement: 

“From slashing funding for important public lands programs to its renewed effort to revive the Yucca Mountain nuclear waste repository, the President’s budget request contains several anti-Nevada provisions,” said Heller. “While Congress ultimately has the power of the purse, I will continue to stand up for Nevada’s priorities by defending our important public lands programs and fighting any effort to turn Nevada into the nation’s nuclear waste dump. Yucca Mountain is dead; it’s a failed proposal that has already wasted billions of taxpayer dollars and is overwhelmingly rejected by Nevadans. It’s time the Administration move on from the Yucca debate and turn its focus to a viable solution to the country’s nuclear waste problem.”

The President’s budget request is just one component of the budget process, and Nevadans can rest assured that I’m committed to fighting for our local priorities as the budget debate continues."

Rep. Mark Amodei (R-NV) sent this statement: 

“I agree with Chairman Frelinghuysen’s latest statement in regards to President Trump’s budget request. In the coming weeks, the House Appropriations Committee will examine the President’s budget. We will determine if it provides an appropriate level of funding for the critical programs and agencies Americans rely on. It’s quite common for the suggested proposals included in the President’s budget to change throughout the appropriations process, and I fully expect that to be the case for the current budget submission. I look forward to the Appropriations Committee holding hearings that allow a multitude of stakeholders to provide input on the appropriations process.” 

Rep. Dina Titus of Nevada’s First Congressional District issued the following statement on President Trump’s Fiscal Year 2018 Budget Request to Congress that proposes to revive the failed Yucca Mountain repository with a $120 million line item.  

“President Trump wants to fund a revival of the failed Yucca Mountain boondoggle that will ultimately cost taxpayers tens of billions of dollars. Just as his budget overlooks the needs of the America people, Trump’s Yucca Mountain line item ignores the majority of Nevadans who don’t want this dangerous project rammed down their throats. The proposed site sits above fault lines, the water table, and Native American sacred lands. Like so much of Trump’s budget request, the Yucca Mountain project is based on bad politics not good policy.” 

Nye County Commission Chairman Dan Schinhofen sent this statement: 

"I am pleased that the just published fiscal 2018 budget submitted by President Donald Trump includes funding that will continue the licensing process for the Yucca Mountain Waste Repository in Nye County.

The promise of a safe and secure site for nuclear waste has been promised to the nation for more than three decades. Now is the time to put politics aside and see what the science says—to let qualified professionals determine if the repository can be built and operated safely.

Nye County has long wanted to hear the science for Yucca Mountain, and then decide if the geological site is safe for our residents today and in the future. Trump's $120 million shows that this administration agrees that after spending $15 billion on Yucca Mountain, we deserve to have that science vetted by the  Nuclear Regulatory Commission, as provided for in the Nuclear Waste Policy Act."

(CBS News contributed to this report.)

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