Labor Campaign for Single Payer
Center for Medicare Advocacy
The Sanders Institute
President’s New Budget. Stark Vision of GOP Reality. Attention Must Be Paid; Here are the Proposed Cuts; Huge Increase for Pentagon
The President's budget is a reflection of the administration's priorities. And this administration and their GOP co-horts in Congress want to slash over a trillion dollars with cuts to programs for some of the nation's most vulnerable. A massive increase in the military budget and war preparations comes at the expense of slashing all kinds of social programs.
Although he has not yet imposed any explicit cuts, on January 11, the Trump administration took another step toward undercutting these essential social programs: It issued guidance allowing states to impose work requirements on Medicaid beneficiaries. This staggering and unprecedented change in health-care policy is expected to adversely affect millions of people in the United States, particularly those with disabilities.
By rushing this bill through Congress, Republicans are creating a manufactured crisis that will devastate millions of families. GOP Trumpcare plan is a disaster. It would take away health care from millions of people, cost thousands more for middle-class and low-income Americans, and strip protections from people with pre-existing conditions, all to give a massive tax break to insurance company CEOs and the wealthiest Americans.
Medicaid spending exceeds half a trillion dollars, and the program represents more than half of all federal funds spent by states. Medicaid has changed dramatically from its beginnings as a program largely for women and children on welfare. It now has more than 70 million beneficiaries, and its reach is so broad that almost two-thirds of Americans say that they, a family member or a friend have been covered by Medicaid at some point.
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100 corporate CEOs possess company retirement funds totaling $4.7 billion - an amount equivalent to the entire retirement savings of 41 percent of U.S. families. Things were not always like this. From 1946 to 1980, a combination of union action and government policy led to the expansion of pension benefits for American workers. Now, Donald Trump's pick to direct the Office of Management and Budget says: We have to end Medicare as we know it.