what cuts to medicare is in comrade trumps 2018 budget

How much would $515 billion in Medicare spending cuts hurt beneficiaries?

Feb 16, 2018 · The budget, unveiled Monday, eliminates the health care law's premium subsidies, rolls back its Medicaid expansion and caps Medicaid spending — all in favor of block grants for state-sponsored...

How does the budget cut to Medicaid affect veterans?

Feb 13, 2020 · The President’s budget cuts $1.6 trillion on net from health care programs over 10 years. This includes a more than $900 billion cut to Medicaid, a half a trillion-dollar cut to Medicare, and more than $200 billion in cuts to other health programs. While nine million veterans, or approximately half of the veteran population, receive coverage ...

What does the proposed 18 percent NIH funding cut mean for NIH?

Mar 20, 2019 · The House's current budget resolution, which was released in July, asked to cut Medicare by $487 billion between 2018 and 2027. Much of this would be done by turning Medicare into a voucher-like...

What is the Trump administration proposing to cut?

As part of a 16 percent reduction to the Department of Commerce’s budget, the Trump administration is proposing sharp cuts to climate-change and ocean research at the National Oceanic and Atmospheric Administration.

What is the Trump budget proposal?

The Trump budget proposal, which cuts the Energy Department's budget by 6 percent, would boost spending on managing the nation’s nuclear stockpile and revive the controversial Yucca Mountain storage facility for nuclear power plant waste. It would slash spending on a host of science and climate areas.

How much would the transportation department shrink?

The Transportation Department's budget would shrink by 13 percent. The spending plan would move what has been a core government function — air traffic control — outside of government hands, and push responsibility for many transit and other projects to localities.

What percentage of the education budget was cut?

Education Department. The Education Department faces a 14 percent cut under the Trump administration budget, which would downsize or eliminate a raft of grants, including for teacher training, afterschool programs, and aid to low-income and minority college students.

What percentage of the Interior Department is cut?

Under the Trump administration proposal, the Interior Department faces a 12 percent cut. That could strain everyday maintenance of national parks and historic sites, as well as enforcement of activity such as illegal wildlife trafficking at the nation's borders.

What is the proposed cut in the Labor Department?

The 21 percent proposed cut in the Labor Department reduces funding for job training programs that benefit seniors and disadvantaged youth. The proposal would also shift funding responsibility to states for certain job placement programs.

What percentage of the Small Business Administration budget will be cut?

The Trump administration is proposing to cut about 5 percent of the Small Business Administration’s budget. The new plan would eliminate $12 million worth of technical-assistance grants and other programs where the administration thinks the private sector already “provides efficient mechanisms” for small-business development and growth.

What percentage of GDP will be taxed in 2027?

The President’s Budget does not include any estimates of tax reform. At 18.4 percent of GDP in 2027, revenue would be above and spending below historical averages of 17.4 percent and 20.3 percent of GDP, respectively.

How much will the deficit be in 2027?

Deficits would fall from $603 billion in 2017 to $440 billion in 2018, rise to $526 billion in 2019, and ultimately turn into a $16 billion surplus in 2027.

Does Obamacare cover childless people?

Its Medicaid expansion was meant to cover childless adults who make below that 100 percent threshold, but otherwise didn't meet their state's criteria for aid. In non-expansion states, these Americans are now unable to find health care. They can't qualify for Medicaid, but they also can't get premium subsidies, so they must pay thousands of dollars of year for coverage or go uninsured.

Does Medicaid expansion make insurance more affordable?

Importantly, Medicaid expansion made insurance more affordable for residents who don't qualify for subsidized health care. A 2016 report from the Assistant Secretary for Planning and Evaluation (ASPE) found Obamacare marketplace premiums in expansion states were about 7 percent lower than premiums in non-expansion states.

How much did Trump cut Social Security?

President Trump’s budget cuts Social Security benefits by at least $24 billion over 10 years – despite the President’s claims he would leave Social Security alone. This cut reflects $11 billion of the President’s vague $63 billion disability “reform” to restructure and reduce federal disability benefits – including Social Security’s Disability Insurance (DI) program – along with payment integrity measures affecting programs administered by the Social Security Administration. The budget is silent on how much of the total $63 billion cut comes from DI versus other disability programs, so the total Social Security cut in the budget is unknown, but it is likely much larger than $24 billion. The DI benefits provide coverage for severely disabled workers and their dependents, including veterans. The budget cut to DI benefits could financially harm wounded warriors—approximately 621,000 military veterans received these benefits in 2016.

How much did the President cut in the budget?

The President’s budget cuts $1.6 trillion on net from health care programs over 10 years. This includes a more than $900 billion cut to Medicaid, a half a trillion-dollar cut to Medicare, and more than $200 billion in cuts to other health programs. While nine million veterans, or approximately half of the veteran population, ...

What programs do veterans need?

The federal government provides guidance for veterans transitioning to civilian employment and encourages them to turn to programs like SNAP, the Women, Infants and Children (WIC) program, free and reduced‑price school meals, and Temporary Assistance for Needy Families (TANF) if they need assistance supporting their families. Approximately 1.2 million veterans, or nearly 7 percent of the veteran population, had incomes below the federal poverty level in 2018, and many of them relied on these critical programs.

How many veterans are covered by medicaid?

Nearly 1 in 10 veterans – more than 1.7 million – receive health care coverage from Medicaid. Many of these veterans have extensive health care needs. The budget’s extreme cut to Medicaid risks the health and security of our veterans who are most in need, especially those who require intensive care for conditions like traumatic brain injuries ...

How many homeless veterans are there in 2019?

As of January 2019, there were more than 37,000 homeless veterans.

What is the purpose of the DI?

The DI benefits provide coverage for severely disabled workers and their dependents, including veterans. The budget cut to DI benefits could financially harm wounded warriors—approximately 621,000 military veterans received these benefits in 2016.

How much will Medicare be cut in 2019?

Over 10 years, Trump's 2019 budget proposal says it would cut Medicare spending by a cumulative $236 billion, including by reductions in "waste" and "fraud" and by changing the way drugs are priced and paid for in the program.

When will Medicare run out of money?

That's the main pot of Medicare money, and the Medicare Trustees forecast in their 2018 report that the fund would run out of money in 2026. A year earlier, they said it would last until 2029. On Trump's watch, it lost three years of solvency.

What was Trump's first campaign pledge?

Protecting Medicare was was one of Trump's earliest campaign pledges. "Save Medicare, Medicaid and Social Security without cuts. Have to do it," he said in his presidential campaign announcement speech.

Is Medicare a voucher program?

It also turned Medicare into a voucher program . When the Congressional Budget Office scored a similar proposal, it found that people using traditional Medicare would end up paying more. Still, neither Trump's nor the House Republican plans became law.

Is the budget proposal binding?

On the other hand, the budget proposal is a non-binding document, it includes some provisions that would benefit users of Medicare, and more than a year into Trump's presidency, nothing has been enacted that is contrary to his promise not to cut Medicare. So we rate the promise In the Works.

Has Medicare been cut?

There have been no cuts in services or a change in the government's responsibility to fund the program. That said, Medicare's resources to pay for those services has shrunk, and both Trump and House Republicans have proposed ways to trim Medicare spending over the next decade.

How long will Trump shrink the federal government?

President Trump is proposing to balance the federal budget within 15 years, “shrink” the federal government and extend food stamp work requirements to Medicaid and housing programs in a $4.8 trillion spending plan being released Monday.

Why did Trump declare a state of emergency?

Trump declared a state of emergency in February 2019 to move money from military construction projects and counternarcotics programs to get more money. The administration has shifted $6.7 billion from those programs and plans to divert another $7.2 billion this year.

Spending, Revenue, Deficits, and Debt in The President’s Budget

Proposals in The President's Budget

• The President’s budget proposed $3.6 trillion of net spending reductions and reforms, the result of $4.5 trillion less in spending and $1 trillion less in revenue over the decade. Promote New Initiatives ($697 billion) – The President’s budget increases spending on defense discretionary funding, veterans’ health programs, paid family leave, and inf...

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Economic Assumptions

Conclusion