US Politics in Trump era Public date: 14.11.2019 12:15:01

13 Mar 2019

Trump’s 2020 budget proposes $1 trillion cut to Medicare, Medicaid

The White House released its 2020 budget proposal on Monday, proposing more than $1 trillion in cuts to the popular programs Medicare and Medicaid and giving insight into what the executive branch would do if Congress didn’t control the federal government’s pocketbook. The most notable cut comes out of Medicaid, a health program for people who are low-income or have a disability, which Trump proposes cutting by more than $700 billion over 10 years.
The White House released its 2020 budget proposal on Monday, proposing more than $1 trillion in cuts to the popular...

Publisher: Newsweek

Author:

17 Oct 2018

Mitch McConnell Calls for Social Security, Medicare, Medicaid Cuts After Passing Tax Cuts, Massive Defense Spending

After instituting a $1.5 trillion tax cut, the Senate majority leader said Tuesday that the only way to lower the record-high federal deficit would be to cut entitlement programs.
After instituting a $1.5 trillion tax cut, the Senate majority leader said Tuesday that the only way to lower the...
6 Jun 2018

A crucial Medicare trust fund will run out three years earlier than predicted

The financial future of the part of Medicare that pays older Americans’  hospital bills has deteriorated significantly, according to an annual government report that forecasts that the trust fund will be depleted by 2026 — three years sooner than expected a year ago. According to the report, less money will be flowing into the hospital-care trust fund in part because the tax law passed this year will cause the government to collect less in income taxes.
The financial future of the part of Medicare that pays older Americans’  hospital bills has...

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